Reference is made to notice of 29 December 2006 whereby Star AcquisitionCo AS announced that its holding of shares in Polimoon ASA was above 90%, and that the a mandatory offer to the remaining shareholders and a compulsory acquisition of the remaining shares pursuant to the Norwegian Companies Act section 4-25 would be initiated. The combined mandatory offer document and notification of compulsory acquisition of 5 January 2007 has now been approved by Oslo Børs, and will be distributed to the remaining shareholders. The offer period will start on Monday 8 January, after which the compulsory acquisition will take effect. For more information, please contact: Ms. Ragnhildur Geirsdottir CEO Promens, tel. +354 898 5001 Mr. Magnus Jonsson CEO Atorka, tel. +354 840 6240