Notice of Annual General Meeting
8 May 2012
Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY") is pleased to invite the shareholders in the Company to attend the Annual General Meeting (AGM) scheduled to be held on May 29, 2012 at 10:00 Oslo time at Shippingklubben, Haakon VII's gate 1 in Oslo.
On the agenda for the AGM is:
1. Opening of the meeting by the Leader of the Board of Directors
2. Presenting list of attending shareholders and proxies
3. Election of a chairperson and a person to co-sign the minutes
4. Approval of the summon and the agenda
5. Review of the Company’s operations and approval of the annual accounts and Directors’ report of the company and the group for 2011, including allocation of the result of the year and report on business management according to the accounting act § 3-3 b
6. Discussion of the Board of Directors’ statement regarding salaries and other remuneration for leading employees
7. Election of members to the Board of Directors
8. Determination of the remuneration of the members of the Board of Directors and the Nomination Committee
9. Approval of the remuneration of the Company’s auditor
10. Election of members to the Nomination Committee
11. Proposal for authorization to the board of directors to increase the Company’s share capital
12. Proposal for new warrants to employees under new option program for 2012
13. Proposal on formalization of existing options issued to employees under the 2006 and 2008 Stock Option Program
14. Proposal for amendment of Articles of Association by consolidation of shares
Please find enclosed notice of AGM, registration/proxy form. The company’s annual report will be included in a subsequent news release.
For further information, please contact:
J. Chris Steinhauser, Chief Financial Officer
Tel: +1 716 218 2048
S. Dennis Holbrook, Chief Legal Officer
Tel: +1 716 218 4210