Notice to bondholders – amended refinancing terms

With reference to announcement this afternoon concerning amendments to the terms of the proposed refinancing, please see the attached notice to bondholders. The notice is also made available on www.stamdata.no.  

Contacts: 

Svein Arild Killingland, CEO. Tel.:  +47 913 40786
Ørjan Gjerde, Chief Financial Officer. Tel.: +47 900 35 738  

*** About Norwegian Energy Company ASA Noreco is an independent Norwegian oil company. The company's focus is to explore, develop and produce oil and gas in the North Sea region.Since incorporation in 2005, the company has grown through license rounds, successful exploration and acquisitions. Noreco operates in Norway, Denmark and United Kingdom, and employs around 70 oil and gas professionals. Noreco is listed on the Oslo Børs (ticker NOR). For further information, please visit: www.noreco.com