Notification of trade

Viksund AS, a wholly owned company by CEO Øivind Risberg, has on October 15th bought 957,500 shares from Solodden AS, also a wholly owned company by CEO Øivind Risberg at a price of NOK 4.27 per share. After this transaction, Viksund AS controls 8,050,500 shares in Norse Energy Corp ASA and Solodden AS controls 6,561,394 shares in Norse Energy Corp ASA. CEO Øivind Risberg's overall exposure in Norse Energy Corp ASA remains unchanged after this transaction. He controls 14,611,894 shares, 1,445,218 warrants and 4,000,000 options in Norse Energy Corp ASA. For further information please contact: Øivind Risberg, CEO ORisberg@NorseEnergy.com Tel: +47 95 200 642