Change in ownership of $100m senior unsecured bond
26 February 2019 Faroe Petroleum plc ("Faroe Petroleum", the "Company") Change in ownership of US$100m senior unsecured bond Faroe Petroleum plc, a subsidiary of DNO ASA, announces a change in ownership of the Company's USD 100 million senior unsecured bond "Faroe Petroleum plc 8.00% Senior Unsecured Callable Open Bond Issue 2017/2023" ISIN NO001 0811268 as listed on the Nordic ABM (the "Bonds"). Following settlement of put option exercise notices received by the Company as a result of the change of control event announced on 17 January 2019, Faroe Petroleum now