Change in Financial Calendar: Q1/2011 and Annual General Meeting

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Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol ("NSEEY") has changed the date for releasing the First Quarter 2011 results from May 27, 2011 to May 30, 2011.

Similarly, the Annual General Meeting (AGM) is moved from May 27, 2011 to May 30, 2011.

Both events will take place at Shippingklubben, Haakon VII's gate 1, Oslo. The Q1 presentation will start 08:30 am. The AGM will start 10.00 am.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) .

For further information, please contact:

Richard Boughrum, CFO

Tel:  +1 716 218 4201

Cell: +1 714 520 1702

Email: rboughrum@norseenergy.com

www.norseenergycorp.com