Major shareholding notification

Optimus Invest Limited, a company owned by Andre Lavold, has bought 50.000 shares in Gentoo Media Inc. As a result of this transaction, Lavold and close associates has increased its holding to 6.750.000 shares, or 5.01%, of the outstanding shares and voting rights in Gentoo Media Inc.

This information is subject to disclosure pursuant to section 4-4 of the Norwegian Securities Trading Act.