Proposal for new board of directors in Det norske oljeselskap ASA

A majority of the nomination committee in Det norske oljeselskap ASA has proposed three new board members.
Marianne Lie, Hege Sjo and Jan Rune Steinsland.

Marianne Lie (46) was head of the Norwegian Shipowners’ Association from 2002 to 2008. She is today on the board of several companies.

Hege Sjo (40) is currently employed by Hermes Investment Management Ltd. She worked for the Oslo Stock Exchange from 1995 to 2004, both as chief financial officer and head of marketing.

Jan Rune Steinsland (48) is chief financial officer in Ocean Rig ASA. He has ten years of experience from ExxonMobil in Norway. He has also held the position as chief financial officer in Acta Holding for six years.

The nomination committee proposes to re-elect current chairman Kaare M. Gisvold, Ivar Brandvold, as well as the board members Tore Lilloe-Olsen and Barbro Hætta-Jacobsen.
Election of the new board of directors is the only issue on the agenda at the extraordinary corporate assembly, to be held on February 2nd.
The nomination committee is also up for election.

Media contacts:
Chairman of the nomination committee, Berit Kjeldsberg; +47 971 46 575
Head of corporate communications, Torgeir Anda; +47 991 12 203

Investor contacts:
Chief financial officer Finn Øistein Nordam; +47 982 89 382
Vice president investor relations, Knut Evensen; + 47 950 77 622