Notification of trade

Fri, Mar 25, 2011 09:30 CET

Richard Boughrum, CFO in Norse Energy Corp ASA, has on March 25, 2011 purchased 30.000 shares in Norse Energy Corp. ASA (Norse Energy Corp. ASA ("NEC" ticker code OSE - NEC, Oslo, Norway, U.S OTCQX symbol "NSEEY") at an average price of NOK 0,90 per share. After this transaction, Mr. Boughrum controls 50.000 shares in Norse Energy Corp.ASA.