17.06.2016 11:45:24 CET

North Energy ASA - Mandatory notifications of trade and disclosure of shareholding

Oslo, 17 June 2016

Elin Karfjell, member of the Board of Directors of North Energy ASA, has purchased 30,000 shares at NOK 1.40 per share via her fully owned company Elika AS. Total number of shares after the transaction is 267,700.

For further information:

Knut Sæberg, CEO

Mob: +47 918 00 720 | Email: knut.saeberg@northenergy.no

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.