Annual Statement of reserves

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Stavanger, 14 April , 2010 Norwegian Energy Company ASA (Noreco,OSE:NOR), Noreco publishes the Annual Statement of Reserves in accordance with Oslo Stock Exchange`s Circular no 9/2009

The Annual Reserves Statement is enclosed.

Contact:
Einar Gjelsvik, Vice President Strategy & Investor Relations  (+47 992 83 856)

www.noreco.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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