Share capital increase

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Stavanger, 28 January 2010: Norwegian Energy Company ASA (OSE:NOR)

 

The share capital increase in Noreco (Norwegian Energy Company ASA) notified 25 January 2010 has today been registered in the Norwegian Registry of Business Enterprises. As a consequence, the new share capital is NOK 753 417 945.70 divided on 243 038 047 shares, each with a nominal value of NOK 3.10. Noreco's Articles of Association have been amended accordingly. Please find attached the updated company certificate.

 

For further information, please contact:

Einar Gjelsvik, Vice President Investor Relations (+47 992 83 856)

 

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