The Board will propose to the annual general meeting that no dividend be paid to the company's shareholders for the financial year 2008. In view of the challenging market situation and volatile financial markets, the Board finds it necessary to prioritise strengthening the company's capital ahead of paying a dividend.

 

The Annual Report will be published primo May together with the notice for the Annual General Meeting which will be held on 26 May 2009.

 

 

Contact person:

Arnt Eriksen, Chief Financial Officer, tel: +47 23 24 60 37, +47 922 14 625