2012-02-13 16:42:11 -

Stavanger, 13 February 2012: IKM Industri-Invest AS has bought 250,000 shares in
Norwegian Energy Company ASA (Noreco) at a price of NOK 6.55 per share. IKM
Industri-Invest AS is controlled by Ståle Kyllingstad, who is chairman of
Noreco's board of directors.

After this, IKM Industri-Invest AS holds 23,673,998 shares in Noreco.

For further information, please contact:
Kjetil Bakken, VP Investor Relations, +47 91 889 889

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)






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Source: NORECO via Thomson Reuters ONE

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