Notice to Noreco Bondholders regarding interest payment due on NOR10

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Oslo, 29 August 2017: With reference to NOR10 – 6.0 per cent Norwegian Energy Company ASA Senior Secured Callable Bond Issue 2013/2016 ISIN 001 069703.0, the interest payment due 6 September 2017 will be settled in cash.

Contact:

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.

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