The Board of Directors of Itera ASA has on 18 April 
2012 approved the consolidated financial statements, 
the parent company's financial statements and the 
Board of Directors' report for 2011.

Preliminary figures for 2011 were published on 29 
February together with the Q4 2011 Interim Report.

The operating revenue in the financial statements for 
2011 amounted to NOK 431.1 million and the operating 
profit amounted to NOK -1.5 million. Operating 
revenue and operating profit are according to the 
preliminary figures. The profit for the year 2011 is 
amounted to NOK 0.6 million. The deviation from the 
preliminary results is due to the tax calculation. 
Attached is the statement of the comprehensive income 
and financial position. 

The Annual report including the approved accounts 
will be published on the Company's website 
www.iteraasa.com, together with the notice for the 
Annual General Meeting. The Annual General Meeting is 
taking place on 10 May 2012.

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

For further information, please contact:
Frank Martinsen (CFO)
tel.: +47 23 00 76 50 or +47 913 02 982