On 22 December 2010, Luxor Capital Partners, LP sold
630,434 shares of Blom ASA ("Blom"). Following the
sale, Luxor Capital Partners, LP held 1,807,195
shares, or 4.33% of the outstanding shares of Blom
calculated on the basis of the registered share
capital of Blom at the time of the sale. In addition,
another fund managed by Luxor Capital Group, LP sold
8,566 shares of Blom. Thereby funds managed by Luxor
Capital Group, LP held 10,002,709 shares, or 23.99%
of the outstanding shares of Blom following the sales.