Invitation to presentation of ODIM’s fourth quarter 2009

(Hareid, 22 February 2010): ODIM ASA releases the company’s fourth quarter results 2009 on Friday 26 February 2010.

Acting CEO Arild Hatløy will present the fourth quarter result from 08:30 at Felix Konferansesenter, Bryggetorget 3, Oslo. After the presentation, there will be a Q&A session. ODIM welcomes all interested parties. The presentation will be available on direct webcast on www.odim.com. The quarterly report and presentation will be available at the Oslo Stock Exchange, www.newsweb.no and ODIM’s homepage, www.odim.com respectively at 08:00 a.m. and 08:30 a.m.

About Us

ODIM is an international technology group that develops and sells automated handling solutions. These primarily consist of cablehandling systems and winches for use on offshore and naval vessels. The group is expanding strongly and has a leading position today in selected market niches such as seismic, subsea and offshore supply.