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Fred. Olsen Energy ASA – New contemplated bond issue

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Fred. Olsen Energy ASA is contemplating to issue a new 5 year senior unsecured bond in the Norwegian market. The proceeds will be used for general corporate purposes.

Danske Bank Markets, DNB Markets, SEB and Swedbank are acting as Joint Lead Managers for the issuance.

For further information, please contact:

Fred. Olsen Energy ASA 

Hjalmar Krogseth Moe
Chief Financial Officer

Telephone: +47 22 34 12 49

Jannicke Nergaard Berg

Finance Manager

Telephone: + 47 22 34 12 41

Oslo, February 13 2014

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.