EOC Limited - Listing Approval

EOC Limited (“EOC”) wishes to announce that it has been notified that the Board of the Oslo Børs (“Board”) has resolved to admit shares in EOC to listing on Oslo Børs. To list on the Oslo Børs, EOC is to satisfy the following:

1) the requirements for the number of holders of one round lot or more of the EOC's shares set out in Section 2.4.2 of the Stock Exchange Listing Rules;

2) at least 25% of the shares to be admitted to listing must be held by the general public, cf. Section 2-1 of the Stock Exchange Regulations;

3) EOC to publish an approved prospectus;

4) EOC ensuring, prior to the first day of listing, that the composition of its board of directors is in accordance with the Norwegian Code of Practice for Corporate Governance; and

5) EOC is to enter into a listing agreement for pri mary listed companies.

If the requirements for the shareholding spread and number of shareholders with one round lot or more are not satisfied, EOC will be admitted to listing on Oslo Axess subject to the other requirements being satisfied. EOC has also been notified that the Board has authorised the President of the Oslo Børs to decide whether EOC should be listed on the Oslo Børs or Oslo Axess and to fix the date of the first day of listing, which is to be no later than 26 October 2007.