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Meeting Of The Board Of Oslo Børs On 23 May 2005

Date 23/05/2005

At its meeting on Monday 23 May 2005, the Board of Oslo Børs resolved to admit shares in five companies to listing. The companies are: Havila Shipping ASA, Questerre Energy Corp., Norway Energy & Marine Insurance ASA, VIA Travel Group ASA and Allianse ASA. At the same meeting, the Board resolved that an appeal by Carnegie ASA against a violation charge imposed by Oslo Børs should be referred to the Oslo Børs Appeals Committee.

Havila Shipping ASA to be listed on Oslo Børs
The Board of Oslo Børs resolved to admit shares in Havila Shipping ASA to listing on the SMB List of Oslo Børs.

The Board agreed to exempt the company from the requirement that a listed company must have carried on the major part of its activities for at least three years, and stipulated that prior to listing the company must achieve a satisfactory spread of shareholding in the form of at least 100 holders of one round lot or more of the company's shares registered with the Norwegian Central Securities Depository.

The Board authorised the President of Oslo Børs to fix the date of the first day of listing, which is to be no later than 23 June 2005.

About Havila Shipping ASA
Havila Shipping ASA operates a total of 16 vessels which includes platform supply vessels, anchor handling tug supply vessels, rescue- and recovery vessels. The fleet primarily operates in the North Sea. The Company's goal is to be the leading provider of quality-assured supply services to offshore companies, both national and international.

The Company has 10 employees at its head office in Fosnavåg, and an on-shore staff of 9 in the Aberdeen branch office. In addition, the company’s offshore staff consists of approximately 450 seamen.

Questerre Energy Corp. to be listed on Oslo Børs
The Board of Oslo Børs resolved to admit shares in Questerre Energy Corp. to secondary listing on the SMB List of Oslo Børs.

Admission to listing is conditional on the company raising at least NOK 25 million through a share issue prior to the first day of listing in order to finance its planned investments and exploration activities. Moreover, the company must achieve a satisfactory spread of shareholding in the form of at least 100 holders of one round lot or more of the company's shares registered with the Norwegian Central Securities Depository. Admission to listing is also conditional on the company producing a prospectus that satisfies the requirements of the Stock Exchange Regulations for a new listing.

The Board authorised the President of Oslo Børs to fix the date of the first day of listing, which is to be no later than 23 June 2005.

Norway Energy & Marine Insurance to be listed on Oslo Børs
The Board of Oslo Børs resolved to admit shares in Norway Energy & Marine Insurance ASA to listing on the SMB List of Oslo Børs.

Admission to listing is conditional on the company's planned share issue creating a satisfactory spread of shareholding in terms of the number of shareholders with one round lot or more of the company's shares, and the company must produce a prospectus that meets the requirements of the Stock Exchange Regulations for a new listing prospectus.

The Board authorised the President of Oslo Børs to fix the date of the first day of listing, which is to be no later than 23 June 2005.

VIA Travel Group ASA to be listed on Oslo Børs
The Board of Oslo Børs resolved to admit shares in VIA Travel Group ASA to listing on Oslo Børs.

Admission to listing is conditional on the company's planned share issue creating a satisfactory spread of shareholding in terms of the number of shareholders with one round lot or more of the company's shares, with at least 25% of the shares to be listed distributed to the general public. The company must also publish a prospectus that is approved by Oslo Børs pursuant to Chapter 16 of the Stock Exchange Regulations for a new listing prospectus.

The Board also stipulated that prior to listing the company must strengthen its central accounting and finance function and make temporary arrangements to give it the necessary expertise in this area until a permanent solution can be established.

The Board authorised the President of Oslo Børs to decide whether the company should be listed on the SMB List or the Main List and to fix the date of the first day of listing, which is to be no later than 23 June 2005.

About VIA Travel Group
VIA Travel Group is the leading Scandinavian Travel Management Company with a history dating back to 1937. The company’s core business lies within the corporate travel market represented by VIA Travel and its segments: Corporate, Marine and Conference/Events. The company is present in the leisure market through VIA Ferieverden, VIA Tours and Rejsegalleriet. VIA Travel Group is also Scandinavia’s leading online travel vendor through subsidiaries GOTOGATE (Norway, Sweden), Zolong.com (Norway) and Flybillet.dk (Denmark). VIA Travel Group is represented in 120 locations in Scandinavia, of which Norway 100, Sweden 12 and Denmark 8. The company employs 1 500, including its franchises.

Allianse ASA to be listed on Oslo Børs
The Board of Oslo Børs resolved to admit shares in Allianse ASA to listing on Oslo Børs.

Admission to listing is conditional on at least 25% of the shares to be listed being held by the general public as required by the Stock Exchange Regulations.

The Board authorised the President of Oslo Børs to decide whether the company should be listed on the SMB List or the Main List and to fix the date of the first day of listing, which is to be no later than 23 June 2005.

About Allianse ASA
Allianse is an IT company with a broad range of products and services on the solutions side (Solutions) and operations side (Operations). The Company operates as a full range supplier to medium-sized customers and as a niche supplier to the largest companies. Allianse has its head office in Stavanger and branch offices in Oslo, Bergen, Haugesund, Kristiansand and Arendal. Allianse has the main part of its business in the Stavanger region, but also has a number of customers in regions served by the branch offices and elsewhere in Norway. In the 1st quarter of 2005, Allianse had NOK 92 millions in operating revenues, and an operating result (EBIT) of NOK 5 millions.

Appeal by Carnegie ASA in respect of a breach of the duty to provide information
The Board of Oslo Børs reaffirmed the resolution passed on 27 April 2005 to impose a violation charge of NOK 300,000 in respect of a breach of the duty to provide information, cf. Section 5-4, fifth paragraph, of the Stock Exchange Act and section 25-8 of the Stock Exchange Regulations.

The appeal will now be referred to the Oslo Børs Appeals Committee.

For further information on this matter, please see the press release issued by Oslo Børs on 27 April 2005.