Notice of extraordinary general meeting

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 an Extraordinary General Meeting (EGM) to vote on the proposed capital increase and board proxy for repair issue. The EGM is scheduled be held on February 2, 2010 at 15:00 Oslo time at the offices of Wiersholm law firm in Ruseløkkveien 26, Oslo, Norway. On the agenda for the EGM is: 1. Opening of the general meeting by the chairman of the board 2. Presentation of list of attending shareholders and proxies 3. Election of chairperson and person to countersign the minutes 4. Approval of the notice and the agenda 5. Capital increase 6. Board proxy for repair issue Please find enclosed notice of EGM, proposed resolutions and registration/proxy form. For further information please contact: Anders Kapstad, CFO Tel: +47 23 01 10 01 Cell: +47 918 17 442 Email: akapstad@norseenergy.com Jonas Gamre, Investor Relations Tel: +47 23 01 10 02 Cell: +47 971 18 292 Email: jgamre@norseenergy.com