Oslo, Norway, 27 April 2005

All companies listed on the Oslo Stock Exchange must from 1 January 2005 present financial statements complying with the International Financial Reporting Standards (IFRS), including International Accounting Standards (IAS) and interpretations issued by the International Accounting Standards Board (IASB). Financial disclosures in 2005 must include comparative amounts for 2004 and an opening balance as of 1 January 2004 in accordance with the IFRS rules. As a consequence, all the quarterly results from 2004 will be converted from Norwegian Generally Accepted Accounting Principles (NGAAP) into IFRS.

For further details, see attachment.