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Hofseth Biocare ASA: PRIMARY INSIDER NOTIFICATION

Hofseth BioCare
Christoph  Baldegger, primary  insider and  member of  the board of directors in
Hofseth BioCare ASA ("HBC") has today purchased 100,000 shares in HBC at an
average price of NOK 2.72 per share. As a result of the transaction, Mr.
Baldegger holds 800,000 shares in HBC, equal to approximately 0.20 % of the
outstanding shares.

Please see the attached notification form for further information.

Jon Olav Ødegård, CEO of Hofseth BioCare ASA
Phone: +47 936 32 966
E-mail: joo@hofsethbiocare.no

This information is subject to the disclosure requirements in the Market Abuse
Regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading
Act section 5-12.
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