REGISTERED SHARE CAPITAL INCREASE

Bullet

The share capital increase in Noreco (Norwegian Energy Company ASA) announced on 21 November 2007 has been approved and registered in the Norwegian Registry of Business Enterprises.

Following the registration, Noreco`s share capital is NOK 345,384,509.80, divided on 111,414,358 shares, each with a nominal value of NOK 3.10.

The share capital increase in Noreco (Norwegian Energy Company ASA), announced on 21 November 2007 has been approved and registered in the Norwegian Registry of Business Enterprises. Following the registration, Noreco`s share capital is NOK 345,384,509.80, divided on 111,414,358 shares, each with a nominal value of NOK 3.10.

 

Please find the updated company certificate attached.

 

For further information, please contact:

Einar Gjelsvik, Vice President Investor Relations

(+47 992 83 856)