Investor News Story Spectrum ASA: Exercise of share options and mandatory notification of trades (2017-02-21T08:48:05 CET)Reference is made to the stock exchange notice dated 21 February 2017 regarding the exercise of options and mandatory notification of trades on behalf of certain primary insider in Spectrum ASA ("SPU" or the "Company"). On 21 February 2017, the Company announced that certain primary insiders that exercised their options transferred their rights to receive shares resulting from the exercise of the options to a third party in order to sell all or portions of the shares resulting from the option exercise. The following sale of shares was made today by the primary insiders: Name # Shares sold Price per share # shares after exercise and sale # of options after exercise Rune Eng 615,000 NOK 38 109,609 2,235,000 Jan Schoolmeesters 150,000 NOK 38 34,461 755,000 Svein Staalen 77,668 NOK 38 7,332 270,000 Kim Gunn Maver 96,629 NOK 38 11,571 140,000 Ian Setterfield 48,414 NOK 38 1,586 80,000 For further information, please contact:Henning Olset; CFOEmail: Henning.Olset@Spectrumgeo.comMobile phone: +47 92 26 69 48About SpectrumSpectrum provides innovative Multi-Client seismic surveys and seismic imagingservices to the global oil and gas industry from offices in Norway, the UK, USA,Brazil, Egypt, Australia, Indonesia and Singapore. Spectrum designs, acquiresand processes seismic data to deliver high quality solutions through itsdedicated and experienced workforce. Spectrum holds the world's largest libraryof Multi-Client 2D marine seismic data and a significant amount of 3D seismic.The company's strategy focuses on both the major, established hydrocarbon-producing regions of the world as well as key frontier areas identified by ourexperienced team of geoscientists. The Spectrum library of Multi-Client datacontains projects from many of the foremost oil producing regions of the world.These include new acquisition, reprocessing and interpretation reports. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.