UPDATED COMPANY CERTIFICATE

Reference is made to the stock exchange release dated 25 April 2013 relating to the ongoing restructuring of Norse Energy Corp. ASA (the "Restructuring"). As part of the Restructuring, shares relating to (i) the Convertible Loan (NOK 1 million of NOK 7,1 million), (ii) the Bond Loan and (iii) the conversion of the entire outstanding principal of the existing convertible loans (as defined in the stock exchange release on 25 April 2013 and as set out in the minutes from the extraordinary general meeting held 31 May 2013) have now been registered with the Register of Business Enterprises. The new shares will become tradable on Oslo Børs within 21.06.2013.

Following today's registration, the registered share capital is NOK 32,276,274.625, divided on 430,350,328 shares, each having a par value of NOK 0.075. This registration represents the completion of one of several steps required in order to complete the Restructuring. Please find attached the updated company certificate.