Invitation to First Quarter 2012 Shareholder Presentation and Webcast

28 May 2012

Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY") is pleased to invite you to the 1st quarter 2012 shareholder presentation on Tuesday May 29, 2012.

Place: Shippingklubben, Haakon VII's gate 1, Oslo

Date:   29 May 2012

Time:   08:30 am Oslo time (Central European Time)

The live and on demand presentation broadcast will be available on our website http://www.norseenergy.com/ and can be seen using the following link:

http://webtv.hegnar.no/webcast.php?id=58208

The First Quarter 2012 shareholder report and presentation materials will be available for download on http://www.norseenergy.com/ prior to the presentation.

Following the meeting, at 10:00 am, the Company’s annual general meeting will take place also in Shippingklubben.

For further information please contact:

Chris Steinhauser, CFO

Tel: +1 716 568 2048

csteinhauser@norseenergy.com

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