Reference is made to the stock exchange notice from Det norske oljeselskap ASA ("Det norske") today regarding a private placement of new equity.
Aker Capital AS, the largest shareholder in Det norske, has today subscribed for and been allocated 6 394 509 shares in the announced share issue of Det norske. Following the subscription, Aker Capital AS will hold 70 339 610 Det norske shares, representing 49.99% of the total number of registered shares, equal to its holding prior to the share issue. The shares were subscribed for a subscription price of NOK 80.50. Aker Capital AS is a wholly-owned subsidiary of Aker ASA.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.