ANNOUNCEMENT OF 3RD QUARTER 2005 RESULT

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In connection with 3rd quarter 2005 earnings
announcement, Fred. Olsen Energy ASA will host a
media- and analyst conference on Wednesday 26th
October at 09.00 a.m. The presentation will be
held at the Company`s office in Fred. Olsensgt.
2, Oslo. Please register to Sølvi van Spronsen,
telephone + 47 22 34 12 43 or by e-mail
svs@fredolsen.no.

Oslo 18.10.2005
Fred. Olsen Energy ASA