Merger approved by Extraordinary General Meeting

New Brazil Holding ASA (“NBH” ticker code OSE – NBH, Oslo, Norway) informs that an Extraordinary General Meeting (EGM) in New Brazil Holding ASA was held today. All proposals from the Board of Directors to the EGM were approved, including the proposed merger between New Brazil Holding and Pan Petroleum. Please find attached the minutes and appendices from the EGM in NBH. 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