Reference is made to the share repurchase program described in the stock
exchange announcement published by SATS ASA ("SATS" or the "Company") on 1
October 2020 regarding the Company's decision to buy back up to 1,100,000 own
shares under the share repurchase program.

SATS ASA has on 19 October purchased 53,000 own shares at an average price of
18.8966 NOK per share. After this, SATS ASA owns a total of 519,524 own shares. 

The shares will be used in connection with the Company's share investment
program for the executive management as further described in the aforementioned
announcement. 

For further information, please contact:

Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Stine Klund, Finance and Investor Relations Manager, phone: +47 986 99 259

This information is subject to disclosure requirements pursuant to §4-2 and §5-
12 of the Norwegian Securities Trading Act.

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© Oslo Bors ASA, source Oslo Stock Exchange