- Thomas Parmbäck, EVP: 100,000 options, number of stock options after the transactions are 105,000 and number of shares are 0.

- Jan Erik Larsen, EVP: 100,000 options, number of stock options after the transactions are 150,000 and number of shares are 27,400.

- Tone Øvregård, EVP: 50,000 options, number of stock options after the transactions are 50,000 and number of shares are 0.

 

 

The purchase price will be the volume-weighted average closing share price on the Oslo stock

Exchange for the five days before and five days after the date the options are granted, 29. January 2007. Exercise of the options is conditional on the share price at the time of exercise being at least equal to the purchase price plus interest equivalent to 5.38% per annum or 0.483% per month. The options are also subject to a maximum gain of 250%.

 

The vesting period for the options is 3 years, and once vested the options can be exercised on a quarterly timetable. Exercise of the options will take place either by transfer from the company`s holdings of its own shares or by cash payment, and will therefore not involve any increase in share capital.