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NORECO2012-02-06 07:01:02

Mandatory notification of trade




Stavanger, 06 February 2012: IKM Industri-Invest AS has bought 300,000 shares in Norwegian Energy Company ASA (Noreco) at a price of NOK 6.96 per share. IKM Industri-Invest AS is controlled by Ståle Kyllingstad, who is chairman of Noreco's board of directors.

After this, IKM Industri-Invest AS holds 23,423,998 shares in Noreco.

For further information, please contact:

Kjetil Bakken, VP Investor Relations, +47 91 889 889



This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.



The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.



Source: NORECO via Thomson Reuters ONE


HUG#1582727

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