Fourth quarter 2012

2/6/2013 2:30 AM EST

On 20 December 2012, Imarex announced that the Company had 
entered into a final agreement to sell its 41% ownership of Fish Pool ASA 
to Oslo Børs. The transaction was recognised in the fourth quarter 2012 
and generated a gain of NOK around of NOK 6.0 million (net of the share 
of net loss from Fish Pool until the point of sale). The sale was approved 
by the general meeting of Imarex 15 January 2013 and closing of the 
transaction is expected in the first quarter of 2013. Upon closing of the 
transaction Imarex intends to call for the Annual General Meeting and 
propose to distribute the proceeds from this transaction to its 
shareholders. Upon expiration of tax warranties from the Spectron sale at 
the end of March 2013 requiring GBP 3 million to be kept as free cash in 
the Group, the intention is to propose a distribution of these funds to the 
shareholders in the same Annual General Meeting. Furthermore, post 
closing of the Fish Pool sale and distribution of funds from Fish Pool and 
Spectron, it is the intention to propose for the Annual General Meeting a 
delisting from the Oslo Stock Exchange. The Annual General Meeting is 
scheduled for 15 April 2013.

Please find enclosed the report for the fourth 
quarter 2012.

For further information, please contact:

Geir Olsen
Chief Executive Officer
Tel +47 21 51 84 10 or +47 916 39 367

Or visit: www.imarexgroup.com