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In connection with the Extraordinary General Meeting of Panoro Energy ASA ("PEN" ticker code OSE) to be held on September 6, 2013, Bjørn Kristian Stadheim has as of September 2 received proxy to vote for 17,269,215 shares, representing 7.36% of the outstanding shares and voting rights in the Company.

For further information please contact:

Carl Peter Berg, VP Commercial and Investor Relations

Cell: +4792805029

Email: carl.peter.berg@panoroenergy.com

Please visit www.panoroenergy.com for more information