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Regulatory press release

OTEC: Internal transfer of shares

Otello
Lars Boilesen has on 20th December sold 260 613 shares in Otello Corporation ASA
to his fully owned company
HST INVEST AS at an average price of 8,35kr per share. After this transaction
Lars Boilesen holds 0 shares in
Otello Corporation and HST INVEST AS holds 260 613 shares in the company.
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