Navamedic ASA (OSL:NAVA) Termination Of Market Maker Agreement

Navamedic ASA (OSL:NAVA) (Lysaker, Norway, 2 October 2008) Navamedic ASA terminates the market maker agreement with Handelsbanken with effect from 2 December 2008.

Handelsbanken will continue to act as market maker up to and including 1 December 2008.

For further information, please contact:

Øyvind W. Brekke, CEO Navamedic ASA E-mail: oyvind.brekke@navamedic.com Office: +47 67 11 25 40 Mobile: +47 91 19 81 64

Bernt-Olav Røttingsnes, CFO/IRO Navamedic ASA E-mail: bor@navamedic.com Office: +47 67 11 25 44 Mobile: +47 91 34 70 21

Navamedic ASA

http://www.navamedic.com

ISIN: NO0010205966

Stock Identifier: XOSL.NAVA