EMGS : EMGS: New stock options granted

                    EMGS : EMGS: New stock options granted

In its meeting on 20 March, 2013 the Board of EMGS has approved the
recommendation of the Compensation Committee dated 15 February 2013 to grant
3,800,000 new stock options to employees. The options have been awarded in
accordance with the resolution in the Annual General Meeting held 22 June
2011, where it was resolved that the Board could grant up to a total of
10,000,000 options in 2011, 2012 and 2013 based on the existing option program
and the Board's decision to grant, or evaluate to grant, options in the board
meeting held in March each year.

The new stock options can be exercised at a strike price of NOK 9.00, which
was the closing price of the share on 20 March 2013. In accordance with the
existing option program, the new options will be vested with 20 per cent each
year, starting on the day the options are granted.

The following primary insiders were granted options:

Roar Bekker was granted 400,000 options. Following this, Roar Bekker holds a
total of 720,000 options and 170,000 shares in the company.

Svein Knudsen was granted 300,000 options. Following this, Svein Knudsen holds
a total of 335,000 options and 207,694 shares in the company.

David Neser was granted 300,000 options. Following this, David Neser holds a
total of 500,000 options and no shares in the company.

Anette Mellbye was granted 100,000 options. Following this, Anette Mellbye
holds a total of 374,000 options and 15,000 shares in the company.

Chris Guldberg was granted 100,000 options. Following this, Chris Guldberg
holds a total of 185,000 options and no shares in the company.

Contact
Svein Knudsen, EMGS chief financial officer, +47 22 01 14 00
Chris Guldberg, EMGS Head of PR/IR, +47 73 56 88 10 / +47 92 81 07 07

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

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Source: EMGS via Thomson Reuters ONE
HUG#1686917
 
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