NORDIC MONTHLY SURVEILLANCE REPORT JUNE 2013 The rules of the exchange as well as the methodology of the surveillance are in substance harmonized between the NASDAQ OMX exchanges in the Nordic countries. Due to national regulations however, there might be differences. For the reader to be able to distinguish the differences, some of the articles will be marked with flags to highlight this circumstance. ”The Exchange” refers to NASDAQ OMX as relevant in each local jurisdiction. All necessary forms and other relevant documents related to listings and issuer specific matters are available on NASDAQ OMX Nordic: http://nasdaqomx.com/nordicsurveillance or http://www.nasdaqomx.com/listing/europe/surveillance/listingforms/

STOCKHOLM Issuer Surveillance No cases to report during the period.

Observation status Stockholm Company

Date

Reason

Market

Mertiva AB (f d Diamyd Medical AB)

2013-03-25

Distribution of subsidiary, applied for delisting.

Stockholm

EpiCept

2013-03-11

The company is subject to a proposed merger.

Stockholm

Luxonen S.A

2013-02-21

Proposal to liquidate the company, applied for delisting.

Stockholm

Höganäs AB

2013-02-11

The company is subject to a public offer.

Stockholm

Trading Surveillance 4 cases have been reported to the Swedish FSA during the month, in accordance with the Exchange’s obligation to refer matters of suspected market abuse. All of the cases concerned suspected illegal insider trading.

Surveillance of financial reporting 2013 One company was criticized for following:  lack of disclosure of information about changes in fair value attributable to changes in credit risk in accordance with IFRS 7.10a, and  that other business activities and operating segments, which were note reportable, where not combined and disclosed in an “all other segments” category separately from other reconciling items in accordance with IFRS 8.16.

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During the month (full year) the Exchange has sent the following number of closing letters to companies whose reports have been subject to special examination. Category

1

2

3

4

Annual report (shares)

0 (0)

0 (0)

0 (0)

0 (0)

Interim reports (shares)

N.A.

0 (0)

0 (0)

0 (0)

Annual reports (bonds)

0 (0)

0 (0)

0 (0)

0 (0)

Interim reports (bonds)

N.A.

0 (0)

0 (0)

0 (0)

Follow-up / other cases

11 (23)

0 (0)

1 (1)

0 (0)

Category 1 - no remark Category 2 - remark regarding disclosure Category 3 - criticism Category 4 - statement of reprimand transferred to the disciplinary committee

HELSINKI One member received written criticism for continuously breaching the liquidity provider requirements. Three cases of suspected misuse of insider information were forwarded to the Finnish FSA.

Observation status Helsinki Company

Date

Reason

Market

Stonesoft Corporation

2013-05-06

The company is subject to a public offer

Helsinki

GeoSentric Oyj

2003-02-11

Uncertainty concerning the company's financial situation.

Helsinki

COPENHAGEN NASDAQ OMX Copenhagen A/S has reprimanded Sparinvest that it disclosed information regarding changes in the management in a press release prior to the disclosure of the information in a company announcement, cf. rule 3.8.7 in conjunction with rule 3.1 of the Rules for issuers of investment undertakings. Matching halt was made in the SPIKMI fund due to a technical problem. The trading was resumed after the problem was resolved. Matching halt was made in the JYITYR fund due to a technical problem on the Turkish exchange. The trading was resumed after the problem was resolved. Formuepleje Epikur, Formuepleje Merkur, Formuepleje Pareto, Formuepleje Penta, Formuepleje Safe has been transferred to the observation list as the companies have initiated a process for migrating to a new legal entity.

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EuroInvestor.com has been transferred to the observation list as the company has announced that a group of shareholders intends to make a mandatory public offer to the shareholders in EuroInvestor.com. Strategic Investments has been transferred to the observation list as the company has initiated a change in identity, cf. Rules for issuers of shares 3.3.8. Based on this the exchange will initiate an examination of the company's compliance with the listing requirements for admitting shares for trading and the company's continued listing.

Observation status Copenhagen Company

Date

Reason

Market

Euroinvestor.com

2013-0612

The company is subject to a public offer.

Copenhagen

Strategic Investments

2013-0621

The company has changed its business.

Copenhagen

Formuepleje Epikur

2013-0612

The company has changed its business.

Copenhagen

Formuepleje Merkur

2013-0612

The company has changed its business.

Copenhagen

Formuepleje Pareto

2013-0612

The company has changed its business.

Copenhagen

Formuepleje Penta

2013-0612

The company has changed its business.

Copenhagen

Formuepleje Safe

2013-0612

The company has changed its business.

Copenhagen

Netop Solutions

2013-0502

The company has applied for delisting.

Copenhagen

Viborg Håndbold Klub

2013-0508

Due to uncertainty about the company's financial situation.

Copenhagen

Østjydsk Bank

2013-0515

Due to uncertainty about the company's financial situation.

Copenhagen

Sparekassen Faaborg

2013-0528

The company is subject to a public offer.

Copenhagen

Sjælsø Gruppen

2013-0326

Due to uncertainty about the company's financial situation.

Copenhagen

Formuepleje LimiTTellus

2013-0405

The company has changed its business.

Copenhagen

Formuepleje Optimum

2013-0405

The company has changed its business.

Copenhagen

BioPorto

2013-0404

Due to uncertainty about the company's financial situation.

Copenhagen

Blue Vision A/S

2013-0327

Due to uncertainty about the company's financial situation.

Copenhagen

Vestjysk Bank

2013-0301

Due to uncertainty about the company's financial situation.

Copenhagen

Victoria Properties

2013-0111

The company has changed its business.

Copenhagen

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KlimaInvest

2012-1210

The company has changed its business.

Copenhagen

Nordic Shipholding A/S

2012-0330

Due to uncertainty about the company's financial situation.

Copenhagen

DKTI

2011-1010

The company has changed its business.

Copenhagen

ICELAND A fixed income instrument issued by Félagsbústaðir hf. was moved to the observation list due to a call provision being exercised.

Observation status Iceland Company

Date

Reason

Market

Félagsbústaðir hf.

2013-06-12

The issuer has exercised a call option and aims for delisting the bonds.

Iceland

Eyrir Invest hf.

2013-05-17

The issuer has made an offer for all listed bonds with the aim of delisting.

Iceland

Skipti hf.

2013-01-24

Uncertainty concerning financial restructuring.

Iceland

Íbúðalánasjóður

2012-11-27

Due to uncertainty regarding the price information of the bonds.

Iceland

Fljótsdalshérað

2012-03-26

Uncertainty concerning the issuer's financial position.

Iceland

HS Orka hf.

2010-09-02

Uncertainty concerning financial restructuring.

Iceland

Jeratún ehf.

2010-09-02

Uncertainty concerning the issuer's financial position.

Iceland

Reykjanesbær

2010-09-01

Uncertainty concerning the issuer's financial position.

Iceland

Reykjaneshöfn

2010-05-04

Uncertainty concerning the issuer's financial position.

Iceland

FIRST NORTH Two companies on First North Stockholm received criticism regarding methods for the publication of financial reports. The two companies had announced its interim reports through press releases, without attaching the full report. The full reports were only available by references by links to the companies’ website. On June 4 2013, the shares in Isconova AB (First North Stockholm) received observation status due to a

public offer from Novavax Inc. On June 17 2013, the shares in Trygga Hem Skandinavien AB (First North Stockholm) received observation status due to a public offer from Sector Alarm AB. On June 24 2013, the shares in Lappland Goldminers AB (First North Stockholm) received observation status after the company had published a pressrelase stating that the company had filed for corporate

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reorganization of its Swedish parent company and subsidiary. The current rules of NASDAQ OMX Stockholm AB state that a company listed on First North can be given observation status if there is a significant uncertainty regarding the company’s financial situation. On June 27 2013, European Wind Investment A/S (First North Copenhagen) received observation status as the company announced that the major shareholder TREFOR intends to make a voluntary public offer to the shareholders in European Wind Investment A/S. In accordance with Rulebook for First North Rule 2.6 a company listed on First North can be given observation status if a bidder has disclosed its intention to raise a placed bid on the Company.

Observation status First North Company

Date

Reason The company is subject to a public offer.

Market

European Wind Investment

2013-06-27

Lappland Goldminers AB

2013-06-24

Trygga Hem Skandinavien AB

2013-06-17

Isconova AB

2013-06-04

Avtech Sweden AB

2013-05-24

Due to uncertainty about the company's financial situation.

Stockholm

FastPassCorp

2013-04-03

The company's report of annual earnings figures 2012 shows that the company has lost more than 50% of the share capital.

Copenhagen

Aktiv Formue Forvaltning Stratego

2013-03-21

The company has applied for delisting.

Copenhagen

ForestLight Entertainment AB

2013-02-18

Due to uncertainty about the company's financial situation.

Stockholm

Mediaprovider Scandinavia AB

2013-01-24

Due to uncertainty about the company's financial situation.

Stockholm

Selena Oil & Gas AB

2012-12-27

Due to uncertainty about the company's assets

Stockholm

RURIC AB

2012-12-21

Due to uncertainty about the company's financial situation.

Stockholm

Kancera AB

2012-10-16

Due to uncertainty about the company's financial situation.

Stockholm

ChronTech Pharma AB

2012-09-05

Due to uncertainty about the company's financial situation.

Stockholm

Aqualife

2011-03-28

The company announced it will seek to raise capital as soon as possible in order to generate sufficient capital resources for continued operation of group activities.

Copenhagen

KIF Håndbold Elite

2011-02-24

The company has lost more than half of the share capital.

Copenhagen

Nordic Surveillance

Due to uncertainty about the company's financial situation. The company is subject to a public offer. The company is subject to a public offer.

Copenhagen Stockholm Stockholm Stockholm

5

CONTACTS Issuer Surveillance Stockholm

[email protected] +46 8 405 70 50 Copenhagen

[email protected] +45 33 93 33 66 (switchboard) Helsinki

[email protected] +358 9 61 66 71 (switchboard) Island

[email protected] +354 525 2800 (switchboard)

Trading Surveillance Stockholm

[email protected] +46 8 405 62 90 Copenhagen

[email protected] +45 33 77 04 59 Helsinki

[email protected] +358 9 61 66 71 (switchboard) Island

[email protected] +354 525 2800 (switchboard)

Nordic Surveillance http://nasdaqomx.com/nordicsurveillance

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