NEC - Insider trading
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[September 13, 2007]

NEC - Insider trading

(Hugin Via Thomson Dialog NewsEdge) On September 12th, 2007, Oivind Risberg CEO of Norse Energy Corp ASA, has through his wholly owned company Solodden AS bought 3,000,000 shares in Norse Energy Corp ASA (NEC) and at the same time sold 3,000,000 shares in NEC from his wholly owned company Viksund AS at NOK 3,47 per share. Both Solodden AS and Viksund AS are 100% controlled by Mr. Risberg and accordingly the sale of shares do not change the consolidated number of shares held directly and indirectly by Mr. Risberg. After the transfer of shares Mr. Risberg controls directly and indirectly 23,926,894 shares, forwards and options in NEC, and in addition 1,445,218 warrants listed on Oslo Bors under NECJ.



Contact info; Anders Kapstad CFO Phone: +47 67 51 61 12

Copyright 2007 Hugin ASA (publisher previously given as Hugin AS, Inc) , Source: The Financial Times Limited

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