Shares purchased by employees

Oslo, Norway, November 23, 2009
Photocure has an incentive program that includes shares in the company. 22 employees in Photocure have purchased 101,217 shares in the company today. The purchase price was NOK 36.00 per share, the same as the market price at the time of allocation.
 
The following insiders have purchased shares:

Inger Ferner Heglund, Vice President Research & Development, has purchased 8,200 shares. She has 8,200 shares in the company after the transaction.

Grete Hogstad, Vice President Marketing & Sales, has purchased 3,500 shares. She has 7,500 shares in the company after the transaction.
 
Photocure's policy is to have incentive programs that include shares. 73 % of the employees with share based incentive agreements have purchased shares in this transaction.
 

For further information, contact:
Photocure ASA
Attn. Kjetil Hestdal (President and CEO) or Christian Fekete (CFO)
Hoffsveien 48
NO-0377 Oslo, Norway
www.photocure.com

E-mail: kh@photocure.no or cf@photocure.no
Telephone: +47 22 06 22 10
Kjetil Hestdal mobile +47 913 19 535 - Christian Fekete mobile +47 916 42 938

Photocure ASA