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REDEMPTION OF OPTIONS GRANTED TO EMPLOYEES AND MANAGERS

16 November 2006

The Tomra Systems ASA Board has in accordance with proxies given at the Annual General Meetings of 22 April 2004 and 19 April 2005, redeemed 128,453 vested options under the Group`s optionprograms for management and employees. The redemption is executed with the use of the company`s own treasury shares, which has been sold on the employees behalf at a price of NOK 44,08 per share. After the transaction, Tomra Systems ASA holds 6,744,647 treasury shares. Management program 2004-2006 Out of 80,000 vested, not exercised options at a strikeprice of NOK33.10, 28,000 are today redeemed. Management program 2005-2007 Out of 233,500 vested, not exercised options at a strikeprice of NOK27.73, 15,000 are today redeemed. Employeeprogram 2004-2009 Out of 187,622 vested, not exercised options at a strikeprice of NOK40.10, 12,334 are today redeemed.

Employeeprogram 2005-2010 Out of 364,127 vested, not exercised options at a strikeprice of NOK33.30, 73,119 are today redeemed. Primary insiders Included in the above figures are the following primary insider (the number shows number of options redeemed, shareholding, and number of options kept after the redemption) Heiner Bevers (10000 at a strike of 27.73, 2000, 0) The redemption will not have any P/L-impact, as the Group accounts for the option programs in accordance with IFRS 2, where the calculated market value for the options is expensed over the vesting period. For further information, please contact: CFO Espen Gundersen +47 97 68 73 01 Asker, 15 November 2006 Tomra Systems ASA