09/14/2013

Reference is made to the announcement by Norse Energy Corporation ASA ("NEC") on 27 August 2013 regarding a notification on conversion of NOK 600,000 under the NOK 7,100,000 Convertible Loan. Following the completion of the conversion, the share capital of NEC was registered increased on 12 September 2013. The new registered share capital is NOK 55,829,493.60 divided on 744 393 248 shares, each having a par value of NOK 0.075."

For further information, please contact:
S. Dennis Holbrook, Chief Legal Officer
Direct: +1 716 218 4210
Email: dholbrook@norseenergy.com

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