*Corr* Noreco publishes 2015 Annual Report

This is a correction of the announcement made 30 April 2016, 16:40 CET.

Oslo, 30 April 2016: Norwegian Energy Company ASA (Noreco) today publishes its annual report for 2015.

*Corr* The attached report contains the statement of compliance as well as the auditors report.

The report may be downloaded from the company's web site www.noreco.com or www.newsweb.no.

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

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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.

About Us

Noreco is a publicly owned company with focus on the oil, gas and offshore industry. The company's shares are listed on the Oslo Stock Exchange (ticker NOR). For further information, please visit: www.noreco.com.

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