Buyback of Bonds, first third completed

Reference is made to the stock exchange notice 7 June 2012 and the
www.stamdata.no notice 28 June 2012.

Bondholders representing a total par value of NOK 69 million accepted
the buyback offer and the purchase of first third of this volume has
today been completed. Purchase price was 99% plus accrued interest.

The next third is due 20 June 2013 and the final repayment is due 20
June 2014.

Following the transaction the balance of Borrower's Bonds is NOK 23
million and the Remaining Loan is unchanged at NOK 344.5 million.

The Bonds are listed at Oslo ABM with ISIN number NO 0010440258

Bergen/Oslo 11 September 2012

Contact persons:

                Mr. Kjetil Forland, Managing Director
                e-mail:  

                Mr. Sølve Nilsen, Fina

Petrolia ASA

 
 
 

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