Disclosure of major shareholding
Independent Oil & Resources ASA has today, Thursday 7th June 2012, sold 37.000.000 shares in Petrolia ASA.
Following the transaction Independent Oil & Resources ASA holds 148.609.392 shares in Petrolia ASA,
equal to 49.2% of all issued shares in Petrolia ASA.
Bergen/Stavanger, 07 June 2012
This information is subject of the disclosure requirements acc. to § 5-12 vphl (Norwegian Securities Trading Act)