Closing procedures of purchase agreement completed

Reference is made to Stock Exchange Notice of 28 October 2009

Reference is made to the Stock Exchange Notice of 28 October 2009 regarding the purchase agreement for the Nexus 1 FPSO. 

The closing procedures in relation to the agreement was completed during the week-end.

For further information, please contact:

   Anders Holm, CEO
   aho@nexusfp.no
   +47 90 60 50 72

   Arild Bårdsen, CFO
   aba@nexusfp.no
   +47 92 66 75 90