Mandatory notification of trade
Stavanger, 25 May 2011: Norwegian Energy Company ASA (Noreco, OSE:NOR) Einar Gjelsvik CEO in Noreco (NOR), has bought 10 000 shares in Noreco (NOR) at a price of NOK 11,7937 per share. Balance of Einar Gjelsvik after the transaction: 129 993 shares. For further information, please contact:Kjetil Bakken, VP Strategy & Investor Relations (+47 91 889 889) This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)