FLOATING PRODUCTION CORR*
*See attachment at www.newsweb.noWith reference to the press release dated 19th JanuaryBonheur ASA (`Bonheur`) and Ganger Rolf ASA (`Ganger Rolf`)announce that it is decided to change the legal entity FredOlsen Production AS into ASA and reorganize the corporatestructure in connection with the planned private placementand subsequent stock listing of Fred Olsen Production ASA.All business units in floating production will be organizedand fully owned directly under Fred Olsen Production ASA.An opening balance sheet has been established for FredOlsen Production ASA with this