Call for Bondholder meeting

As reported in the Issuers report for the 4th quarter 
of 2012 and Stock Exchange Announcement dated 7 
February 2013, the challenging macroeconomic 
conditions in parts of Europe continue. Against this 
background the bond loan ISIN NO 001064747.2 
(the "2012 Bond") was given extended maturity so that 
no payments are due prior to 4 April 2013.

Blom has requested the bondholders to extend the 
maturity of the 2012 Bond such that no payments will 
fall due prior to 26 April 2013.  The main objective 
with the proposed extended maturity is to safeguard 
values and secure a restructuring of the current 
amortization plan.

The summons to the Bondholder meeting, which includes 
further details on the proposed amendments, can be 
found at www.stamdata.no. Bondholders representing 
more than 60% of the 2012 Bond have undertaken to 
vote in favor of the proposal. According to the bond 
loan agreement, a 2/3 majority of the bonds 
represented at the Bondholders' Meeting is needed to 
obtain approval for the proposal.

For further information please contact CEO Dirk 
Blaauw, on tel. +47 22 13 19 20 or CFO Lars Bakklund, 
tel. +47 22 13 19 34.