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NOTIFICATION OF TRADE

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Jørn T. Røkaas, insider in Ganger Rolf ASA, has
today through his company Gyldenløve AS sold 250
shares in Ganger Rolf ASA at an average price of
NOK 237 per share and 800 shares in Fred. Olsen
Energy ASA at an average price of NOK 294.50 per
share.

Gyldenløve AS and Jørn T. Røkaas holds after
these transaction 1,750 shares in ganger Rolf
and 900 shares in Fred. Olsen Energy.