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RELEASE OF 1 QUARTER 2006 RESULTS

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GRO and BON
Release of 1 Quarter 2006 results

In connection with the release of the 1Q 2006
results for the groups, a joint presentation
will be held on Thursday 4 May at 09:00 am at
Fred. Olsens & Co.`s headquarters in Fred.
Olsens gate 2, Oslo.

For registration, please contact Sissel Walum on
e-mail sissel.walum@fredolsen.no or tel. +47 22
34 10 31 within Wednesday 3 May at 16:00 pm.

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