Minutes from Annual General Meeting

Stavanger, 2 May 2012: Norwegian Energy Company ASA (Noreco) today held its Annual General Meeting for 2012 at the company's headquarters in Stavanger. The minutes from the meeting are attached, and are available on www.noreco.com and www.newsweb.no.

Einar Gjelsvik, CEO (+47 992 83 856)
Kjetil Bakken, VP Investor Relations (+47 91 889 889)

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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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