Minutes - Annual General Meeting

The Annual General Meeting of ScanArc ASA was held on 27 April 2012. The minutes from the general meeting are attached.

The Annual General Meeting resolved, inter alia, to approve the agreement where Bror Magnus Heegaard acquires the company's shareholding of 19,9% in ScanArc Plasma Technologies AB (SPT), as well as the creditor position for the company's loan to SPT. As
consideration, Heegaard shall pay 1.3 million shares in ScanArc ASA. The acquisition of treasury shares, will be disclosed in a separate stock exchange notice (mandatory notification of trade) as soon as possible after the shares have been transferred.


For further information, please contact:

Ralf Schmidt
CEO, ScanArc ASA
Mob.: +47 959 49 978