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RELEASE OF 1 QUARTER 2007 RESULTS

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In connection with the release of the 1Q 2007
results for the group, a presentation will be held
on Thursday 10 May at 09:00 am at Fred. Olsen &
Co.`s headquarters in Fred. Olsens gate 2, Oslo.

For registration, please contact Sissel Walum on e-
mail sissel.walum@fredolsen.no or tel. +47 22 34
10 31 within Wednesday 9 May at 16:00 pm.