Subsequent offering
Stavanger, 28 May, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), Noreco conducts subsequent offering and publishes new prospectus.Reference is made to the stock exchange notices dated 25 and 28 April 2008 regarding the completed private placement and the planned subsequent offering of shares in Noreco. The Board of Directors in Noreco has resolved to conduct a subsequent offering (the "Subsequent Offering") towards the shareholders in Noreco as per 25 April 2008 that were not invited to participate in the private placement of shares conducted in April 2008 (the "Eligible