Presentation to Extraordinary General Meeting

Norse Energy Corp. ASA’s (“NEC” ticker code OSE – NEC, Oslo, Norway, U.S OTCQX symbol “NSEEY”) Extraordinary General Meeting to vote on the proposed merger between New Brazil Holding and Pan Petroleum is taking place at CET 15:00 today. Please find the presentation enclosed. 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