StepStone ASA, Admission to the Official List of the London Stock Exchange

StepStone ASA (the "Company") is a leading global provider of human capital management software and services, listed on the Oslo Børs in Norway since 2000.

Application has been made to the UK Listing Authority for the ordinary shares of StepStone ASA (the "Shares") to be admitted to a secondary listing on the Official List of the UK Listing Authority and to trading on the London Stock Exchange's Main Market for listed securities (the "Secondary Listing").

It is expected that Admission will become effective and that dealings in the Shares will commence at 8.00 a.m. on Tuesday 11 November 2008. Shares will be tradable in London via Depositary Interests under the symbol STPS.L. Under the FTSE classification the Company will be in the Software 9537 sub-sector. The Company is classified in 45101010 - Internet Software & Services on the Oslo Børs.

In light of the Company's growth, increasingly international operations and significant presence in the United Kingdom, the Directors believe it is now appropriate to seek a secondary listing on the Official List of the UKLA and admission to trading on the London Stock Exchange, as one of the world's largest capital markets. The Company anticipates that the Secondary Listing will provide access to a wider group of potential investors.

Commenting on the Admission, CEO Colin Tenwick said: "StepStone has rapidly developed into a leading international provider of software and services for the Human Capital Management ("HCM") sector. A growing number of organisations, currently over 16,000, including many of the world's leading businesses, use StepStone's software and services to gain competitive advantage through the attraction, retention and development of talent.

These products and services are hosted by StepStone and delivered on-demand through the internet so they are easy and cost effective to utilise, maintain and upgrade. Now is an appropriate time to access a broader range of international investors through a secondary listing on the London Stock Exchange."

Panmure Gordon (UK) Limited is the Introducer, Financial Adviser and Broker to the Admission.

In accordance with PR1.2.3(8) of the Prospectus Rules, a Summary Note in English has been prepared in conjunction with the Admission, copies of which will be available following Admission at the Company's offices in the UK and in Norway, and at the London office of Panmure Gordon (UK) Limited, during office hours and also electronically via the Company's website, www.stepstone.com.

Total Talent Management Software by StepStone Solutions