Change in Financial Calendar

5 April 2012

Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY") has changed the date for publishing the 2011 Annual Accounts from 23 April 2012 to 30 April 2012.

This change is due to the recent volume of transactional activity which will materially impact the 2011 Annual Accounts.

This information is subject of the disclosure requirements according to the Oslo Stock Exchange Listing Rules.

Following the asset sales announced in March, Norse Energy will own or lease approximately 131,000 net acres in New York State of which ~33,000 lies in the liquids rich shale fairways of Western New York, and the remaining ~98,000 net acres lies in the Marcellus and Utica natural gas fairways in Central New York. Contingent resources will total 4.4 TCFGE or 777 MMBOE.

For further information, please contact:

J. Chris Steinhauser

Chief Financial Officer

Phone: +1 716 568-2048

Email: csteinhauser@norseenergy.com (csteinhauser@norseenergy.com)