Reference is made to the notice of Annual General Meeting dated 9th of May 2011 article 9. Election of the Board of Directors and Board Chairman. The Board of Directors proposes that Gunnar Hirsti and Per Kyllingstad be re-elected for 2 years. As new members of the Board of Directors nominates Hege Skryseth, Siv Staubo and Magnus Eriksson. The Board of Directors proposes that Gunnar Hirsti be re- elected as Board Chairman. For further information please contact the CEO, Dirk Blaauw, on tel. +47 22 13 19 20.