PDR ASA - SHARE BUY-BACK

Tue, Jan 22, 2008 08:59 CET

On January 21, 2008, PDR ASA purchased 500.000 PDR
shares at a price of NOK 1,83 per share.

Following this transaction, PDR ASA holds 5.250.000
treasury shares, corresponding to 0,52 % of the
shares outstanding in PDR ASA.

Bergen/Oslo, January 21, 2008