Announcement from the Board of Directors

Mon, Jun 20, 2011 08:51 CET

The Board of Fred Olsen Production ASA informs that Mårten Lunde will resign as CEO of the Company on 31 July 2011.

The Board has decided to appoint CFO Jørn Røkaas as acting CEO as from 1 August.

The Board regrets Lunde’s decision to leave the company and will thank him for his contribution to the development of Fred. Olsen Production.

Oslo, 20th June, 2011