DSND Subsea ASA - Delisting From Oslo Børs

DSND Subsea ASA has applied for a delisting from Oslo Børs after the compulsory transfer of shares executed by DSND Inc. Based on the application, and the fact that the company after the compulsory transfer of shares no longer satisfies the requirements for listing (share distribution requirement), Oslo Børs has decided that a delisting is justified.

According to this Oslo Børs has decided the following:

Oslo Børs made today a decision to de-list DSND Subsea ASA. Last day of listing will be 23 December 2002.