Fred. Olsen Production ASA purchased 300,000 own shares today Thursday August 25th

at an average price of NOK 7.75 per share.

After this transaction Fred. Olsen Production ASA holds 900,000 own shares.



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.