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09.02.12

A Energy's first NCS asset transaction accomplished.

A Energy has been sole financial advisor for North Energy ASA in connection with the sale of the company's 12.0% interest in PL 433 to Centrica for a consideration of NOKm 70. PL 433 contains the Fogelberg gas and condensate discovery made in spring 2010. Ref. is made to North Energy's press release http://www.northenergy.no/nb/hjem/293-north-energy-selger-gassfunnet-fogelberg-.html