Notification of trade

Mark Dice, CEO in Norse Energy Corp ASA, has on November 16, 2010 purchased 500.000 shares in Norse Energy Corp. ASA (Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY") at an average price of NOK 1,25 per share. After this transaction, Mr. Dice controls 1.500.000 shares in Norse Energy Corp. ASA.

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