Stavanger, 9 July 2008: Norwegian Energy Company ASA (OSE:NOR),

The share capital increase in Noreco (Norwegian Energy Compnay ASA) announced on 3. juli 2008 has today been registered with the Norwegian Registry of Business Enterprises. Following the registration, Noreco`s share capital is NOK 442,969,710.50, divided on 142,893,455 shares, each with a nominal value of NOK 3.10. The Articles of Association of Noreco have been revised accordingly.

 

Please find the updated company certificate attached.

 

For further information, please contact:
Scott Kerr, CEO (+47 992 83 890)
Einar Gjelsvik, Vice President Investor Relations (+47 992 83 856)