Annual overview

("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTC symbol "NSEEY"): Issuers of listed transferable securities are required to provide Oslo Stock Exchange with an annual statement of information made available to the public, cf the Securities Trading Act Section 5,-11 first paragraph.

Please find attached annual overview for NEC ASA for the period 01.01.2010 to 30.04.2011. This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).

For further information, please contact:

Richard Boughrum, Chief Financial Officer

Cell: +1 714 520 1702

Email: rboughrum@norseenergy.com