RenoNorden ASA: Mandatory notification of trade

This announcement is not for release, publication or

distribution (directly or indirectly) in or to the

United States, Canada, Australia or Japan. It is not an

offer of securities for sale in or into the United

States, Canada, Australia, the Hong Kong Special

Administrative Region of the People's Republic of

China, South Africa or Japan.

This announcement is not an offer of securities for

sale in the United States. The new shares to which this

announcement relates have not been and will not be

registered under the United States Securities Act of

1933, as amended (the "Securities Act"), and may not be

offered or sold in the United States absent

registration or an exemption from registration under

the Securities Act. There will not be a public offering

of shares in the United States.

RENO - Mandatory notification of trade

Oslo 13 February 2017. Reference is made to the stock

exchange announcement dated 2 February 2017 in which

RenoNorden ASA ("RENO" or the "Company") announced the

commencement of the subscription period of the rights

issue (the "Rights Issue") by the Company of

350,000,000 new shares (the "Offer Shares") at a

subscription price of NOK 1.00 per Offer Share

(the "Subscription Price") and the trading of the

subscription rights on the Oslo Stock Exchange.

Today, the following primary insiders/close associates

of primary insiders have subscribed for the following

number of Offer Shares in the Rights Issue at the

Subscription Price:

Charlotte G. Hansson (board member) has subscribed for

38,535 Offer Shares for a total amount of NOK 38,535.

Following completion of the Rights Issue, and assuming

Mrs. Hansson is allocated all Offer Shares subscribed

for in excess of Offer Shares covered by its

subscription rights, Mrs. Hansson will hold 41,535

shares in the Company (representing approximately 0.01%

of the votes and shares in the Company).

The subscriptions have been made according to the terms

and conditions for the Rights Issue described in the

prospectus dated 30 January 2017 prepared in connection

with the Rights Issue.

For further queries, please contact:

Øystein Disch Olsrød

Group CFO of RenoNorden ASA

Email: [e-mail]

Tel: [phone]

This information is subject to the disclosure

requirements pursuant to Section 5-12 of the Norwegian

Securities Trading Act.

About RenoNorden:

RenoNorden is the market leader in waste management and

transportation in the Nordic countries, serving more

than 300 municipalities. The group has about 2,000

employees and 2015 revenues of NOK 1.8 billion. The

company is listed on the Oslo Stock Exchange with the

ticker RENO. More information at www.renonorden.com.

IMORTANT INFORMATION:

This announcement is not an offer to sell or a

solicitation of offers to purchase or subscribe for

securities of RenoNorden ASA. This announcement is not

a prospectus for the purposes of Directive 2003/71/EC

(as amended, together with any applicable implementing

measures in any Member State, the "Prospectus

Directive"). Copies of this announcement may not be

sent to jurisdictions, or distributed in or sent from

jurisdictions, in which this is barred or prohibited by

law. The information contained herein shall not

constitute an offer to sell or the solicitation of an

offer to buy, in any jurisdiction in which such offer

or solicitation would be unlawful prior to

registration, exemption from registration or

qualification under the securities laws of any

jurisdiction. A decision to invest in securities of

RenoNorden ASA referred to in this announcement should

be based exclusively on the prospectus published by

RenoNorden ASA for such purpose.

This announcement and the information contained herein

is not for publication or distribution into the United

States of America and should not be distributed or

otherwise transmitted into the United States or

publications with a general circulation in the United

States. This announcement does not constitute an offer

or invitation to subscribe for or to purchase any

securities in the United States of America. The new

shares referred to herein have not been and will not be

registered under the Securities Act or the laws of any

state and may not be offered or sold in the United

States of America absent registration or an exemption

from registration under the U.S. Securities Act of

1933, as amended (the "Securities Act"). There will be

no public offering of the new shares in the United

States of America.

The information contained herein does not constitute an

offer of securities to the public in the United

Kingdom. No prospectus offering securities to the

public will be published in the United Kingdom. This

announcement is only being distributed to and is only

directed at (i) persons who are outside the United

Kingdom or (ii) to investment professionals falling

within article 19(5) of the Financial Services and

Markets Act 2000 (Financial Promotion) Order 2005 (as

amended, the "Order") or (iii) high net worth entities,

and other persons to whom it may lawfully be

communicated, falling within article 49(2)(a) to (d) of

the Order (all such persons together being referred to

as "relevant persons").

The new shares are only available to, and any

invitation, offer or agreement to subscribe, purchase

or otherwise acquire such Shares will be engaged in

only with, relevant persons. Any person who is not a

relevant person should not act or rely on this

announcement or any of its contents.

Any offer of securities to the public that may be

deemed to be made pursuant to this communication in any

EEA Member State that has implemented Prospectus

Directive is only addressed to qualified investors in

that Member State within the meaning of the Prospectus

Directive.

This publication may contain specific forward-looking

statements, e.g. statements including terms

like "believe," "assume," "expect," "forecast," "project

," "may," "could," "might," "will" or similar

expressions. Such forward-looking statements are

subject to known and unknown risks, uncertainties and

other factors which may result in a substantial

divergence between the actual results, financial

situation, development or performance of RenoNorden ASA

and those explicitly or implicitly presumed in these

statements. Against the background of these

uncertainties, readers should not rely on forward-

looking statements. RenoNorden ASA assumes no

responsibility to up-date forward-looking statements or

to adapt them to future events or developments.