ANNOUNCEMENT OF 3RD QUARTER 2006 ACCOUNTS

Fred. Olsen Energy ASA will announce the result
for 3rd quarter 2006 the 24 October (and not 25
October as previously announced). Fred. Olsen
Energy ASA invites to a media- and analyst
conference on Tuesday 24th October 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 06.10.2006
Fred. Olsen Energy ASA