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INVITATION TO PRESENTATION OF ODIM`S FOURTH QUARTER AND FULL YEAR PRELIMINARY RESULTS 2007

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ODIM ASA releases the company`s fourth quarter and full year preliminary results 2007 on Wednesday 27 February 2008.

CEO Jogeir Romestrand will present the fourth quarter result from 0830 CET at Felix Konferansesenter, Bryggetorget 3, Oslo. After the
presentation, there will be a Q&A session.

The presentation will be available on direct Webcast on www.odim.com.

ODIM welcomes all interested parties.

The quarterly report and presentation will be available at the Oslo Stock Exchange, www.newsweb.no and ODIM`s homepage, www.odim.com.