Offer to buy back shares in Norwegian Energy Company ASA
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES. Norwegian Energy Company ASA ("Noreco" or the "Company") has decided to initiate a share buyback of up to 360,000 shares of the Company in connection with its option program as well as for other corporate purposes. The buyback will be conducted as a reverse book building process at a price to be decided by the Company up to a