Q1 2010 RESULT

Operating revenues in Q1 2010 were USD 27.7 million (USD 20.9 million in Q1 2009) with an EBITDA of USD 11.5 million (USD 7.2 million). After depreciation of USD 8.2 million (USD 8.2 million) the operating result (EBIT) was USD 3.3 million (negative USD 1.0 million). Net financial expenses were USD 4.0 million (USD 1.1 million). The result after estimated income and withholding tax was negative USD 2.9 million (negative USD 2.4 million). For full information see www.newsweb.no