Norse Announces Minutes from Extraordinary General Meeting

5 July 2012

Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway; “NSEEY” ticker U.S. OTC) announces minutes from an Extraordinary General Meeting held on 5 July, 2012 in Oslo.

All proposed resolutions were passed as put forward by the Board of Directors and the Nomination Committee. Among other matters the general meeting approved the Nomination Committee's proposal to elect Mr. Per Kumle as a member of the Board of Directors.

For further information, please contact:

J. Chris Steinhauser, Chief Financial Officer

Phone: +1 716 568-2048

Email: csteinhauser@norseenergy.com

S. Dennis Holbrook, Chief Legal Officer

Cell: +1 716 713-2489

Email: dholbrook@norseenergy.com