Additional information for the annual general meeting in Noreco

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Oslo, 24 May 2016: Reference is made to the announcement made on 4 May 2016 regarding the annual general meeting in Noreco. The attached document is the proposal from the Nomination Committee regarding members of the Board, Nomination Committee and their remuneration.

Contact:

Silje Augustson, Group CEO, Tel.: +47 215 15 707

investorrelations@noreco.com 

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About Norwegian Energy Company ASA

Noreco is an independent Norwegian oil company. Noreco was incorporated in 2005 and operates in Norway, Denmark and United Kingdom. The company’s stock is listed on the Oslo Børs (ticker NOR). For further information, please visit: www.noreco.com.