Mandatory Notification of Trade
Sector Speculare IV, a sub-fund of Sector Umbrella Trust and managed by Sector Omega AS a subsidiary of Sector Asset Management, will transfer after close of trading on 30 June 2011 18,535,213 shares equalling 7.6 % of the total shares in Norwegian Energy Company (NOR). The shares will be transferred through a private transaction entered into off exchange. Following the completion of the transfer Sector Speculare IV will hold 10.680.784 shares equalling 4.38% of the total shares in Norwegian Energy Company (NOR). Sector Asset Management acting through its subsidiary Sector Omega AS in