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) scheduled to be held on April 26, 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 co-sign the minutes 4. Approval of notice and agenda 5. Approval of merger plan for merger between New Brazil Holding ASA and Pan Petroleum Holding ASA Please find enclosed notice of EGM, proposed resolution, merger plan with attachments and registration/proxy form. Please also find enclosed addendum to the demerger plan approved by the EGM in NEC ASA held January 28, 2010. For further information please contact: Anders Kapstad Tel: +47 918 17 442 Email: akapstad@norseenergy.com Jonas Gamre, Investor Relations Cell: +47 971 18 292 Email: jgamre@norseenergy.com