NEC - Options granted

Norse Energy Corp ASA (OSE: NEC, U.S. OTC symbol NSEEF) announces that the company has on July 3rd, 2009 granted Mark Dice, the company’s recently hired President and COO responsible for the E&P division USA, 2.5 million options as part of his compensation package. The options have an exercise price of NOK 3.50 and can be exercised from July 4th, 2011 to July 3rd 2014. The options were granted under the authorization given to the Board of Directors from the Annual General Meeting, held on May 19th, 2009. For further information please contact: Jonas Gamre, Investor Relations Cell: +47 97 11 82 92 E-mail: jgamre@norseenergy.com