Recommendation from the Nomination Committee and proposed new Board members

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Det norske oljeselskap ASA’s (Det norske) nomination committee has nominated Murray Auchincloss, Upstream Chief Financial Officer (CFO) and Head of Business Development at BP as new member to Det norske’s Corporate Assembly. Mr. Auchincloss will replace Odd Reitan, who have informed the Nomination Committee the he want to resign from the Corporate Assembly. The election will take place at the company’s Extraordinary General Meeting 15 September. Further information is available at the Det norske’s homepage: http://www.detnor.no/en/investor/the-share/general-meeting/.

The nomination committee have nominated Bernard Looney, Chief Executive Upstream in BP and Kate Thomson, Group Head of Tax in BP as new members of Det norske’s Board of Directors. The election of new board members will take place at a Corporate Assembly meeting in late September.

Contacts:
Investor contact: Jonas Gamre, VP Investor Relations, tel.: +47 971 18 292
Media contact: Rolf Jarle Brøske, SVP Communications, tel.: +47 911 12 475


About Det norske:

Det norske is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). We are building one of Europe’s largest independent E&P companies.

Det norske is the operator of the producing Alvheim field and for the Ivar Aasen field development. In addition, the company is partner in the Johan Sverdrup field. Det norske has an active exploration programme on the Norwegian shelf and an ambitious strategy for growth.

Det norske’s headquarters are located in Trondheim, with branch offices in Stavanger, Oslo and Harstad. Det norske is listed on Oslo Børs with ticker ‘DETNOR’. More about Det norske at www.detnor.no/en/.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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