Mandatory notification of trade.


Vice President Operations in Fred. Olsen Production ASA; Ivar Lysberg has today purchased 4,000 shares in Fred. Olsen Production ASA at NOK 8 per share.

Ivar Lysberg holds after this transaction directly or indirectly 77,000 shares in Fred. Olsen Production ASA.



About Us

Fred. Olsen Production ASA (FOP) is listed on the Oslo Stock Exchange (trades under the ticker "FOP") and has been active in the offshore oil & gas production business since 1994. FOP’s first day of listing was May 11th 2007. First Olsen Ltd. (FOL), a company owned 50% by Ganger Rolf ASA and 50% by Bonheur ASA is the main shareholder with 61.5% of the outstanding shares.