Reference is made to the prospectus dated 5 May 2010 regarding the subsequent
offering of up to 6,000,000 shares in Ignis ASA ("Ignis") at a subscription
price of NOK 3.00 per share.

At the expiry of the subscription period at 17:30 (CET) on 27 May 2010, a total
of 7,550,293 shares had been subscribed for in the offering. The Board of Ignis
has decided on 27 May 2010 to allocate and issue 6,000,000 shares in connection
with the subsequent offering.

"We are quite pleased that the subsequent share issue was oversubscribed,"
commented Walker Kinman, CFO of Ignis ASA. "This cash strengthens our balance
sheet and gives us greater flexibility as we focus on taking Ignis into positive
financial results."

All subscribers being allotted shares in the subsequent offering will receive a
letter confirming the number of shares allotted to the subscriber and the
corresponding amount to be paid. This letter is expected to be mailed on 28 May
2010. Debit of the subscriber's bank account is expected to take place on 3 June
2010, and delivery of the allocated shares is expected to take place on or about
8 June 2010.

The first day of trading for the shares issued in connection with the subsequent
offering is expected to be on or about 8 June 2010.

After completion of the subsequent offering the share capital of Ignis will be
NOK 146,068,315 divided into 58,427,326 shares each with a nominal value of NOK
2.50.

For further information, please contact:

Thomas Ramm
Ignis ASA
Chief Executive Officer
Tel: +47 913 70 795
thomas.ramm@ignis.com

Walker Kinman
Ignis ASA
Chief Financial Officer
Tlf: +46 70 722 6513
walker.kinman@ignis.com


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