Share capital increase registered

Reference is made to the stock exchange notice published by Det norskeoljeselskap ASA (Det norske) on Desember 5th, 2012.

The share capital increase related to the private placement resolved bythe Ordinary General Meeting of Det norske on April 19, 2012, has now been registered with the Norwegian Register of Business Enterprises. The private placement has hence been completed. 

The new share capital of Det norske is NOK 140 707 363 divided into 140 707 363 shares, each with a nominal value of NOK 1. 

Contact:
CFO Alexander Krane, tel + 47 916 30 025, e-mail alexander.krane@detnor.no.

This information is subject of the disclosure requirements according tothe Norwegian Securities Trading Act §5-12.

About Det norske:
Det norske oljeselskap ASA (DETNOR) specialize in extracting petroleum resources on the Norwegian Continental Shelf (NCS). We are an ambitious company with significant exploration activity. Recently we have taken part in some major discoveries, Johan Sverdrup being the single most important. We now face several development projects, among them Jette as operator, and Ivar Aasen.

Det norske has its headquarter located in Trondheim, and offices in Oslo and Harstad. As of today we are more than 200 employees. Det norske is listed on the Oslo Stock Exchange with the ticker “DETNOR”.

More about Det norske at www.detnor.no/en