<div> <p>Oslo, Norway, 1 November 2010.</p> <p>As part of the share buy back program, Photocure has on 29 October 2010 bought 1,000 shares in Photocure ASA with an average price of NOK 44.96 per share. The company owns after this 545,977 shares in Photocure ASA.</p> <p><b><i>For further information, contact:</i></b><i></i></p> <p><i>Photocure ASA</i><br /><i>Christian Fekete (CFO)</i><br /><i>E-mail: cf@photocure.no</i><br /><i>Mobile +47 916 42 938</i></p> <p><i> </i></p> <p><i>Hoffsveien 48</i><br /><i>NO-0377 Oslo, Norway<br />www.photocure.com</i></p> </div> <div>This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)</div>