Disclosure of shareholdings – extension of agreement

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Reference is made to the disclosure of shareholdings from Tenold Gruppen AS and Coil Investment Group AS on 22 July 2015. The share purchase agreement is conditional upon the transaction with Blackstone being completed and the substantial part of the consideration from Blackstone being distributed as dividends to the shareholders in Agasti within 30 November 2015. The parties confirm today that the mentioned deadline has been extended until 28 February 2016.

This information is subject of the disclosure requirements pursuant to section 4-3 and section 5-12 of the Norwegian Securities Trading Act.