Photocure ASA - Shares purchased by employees and notification of trade

Oslo, Norway, 8 March 2010.

Photocure has an incentive program that includes shares in the company. The board of directors makes annual allocations based on fulfilment of personal and company goals.  As part of the incentive program, 20 employees in Photocure have purchased 112,019 shares in the company today. The purchase price was NOK 32.00 (39,054 shares) and NOK 20.30 (72,965 shares) per share, the same as the market price at the time of allocation.

Furthermore, as part of the share buy back program, Photocure has on 5 March 2010 bought 400 shares in Photocure ASA with an average price of NOK 44.10 per share.

After these transactions, the company owns 333,339 shares in Photocure ASA.

For further information, contact:

Photocure ASA

Christian Fekete (CFO)

E-mail: cf@photocure.no

Mobile +47 916 42 938

Hoffsveien 48

NO-0377 Oslo, Norway
www.photocure.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)