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Panoro Energy ASA

Share Issue/Capital Change May 27, 2016

3706_rns_2016-05-27_3599f692-205b-48fc-afca-ffaf4d17aa77.html

Share Issue/Capital Change

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Ex reverse split and new face value 30.05.2016

Ex reverse split and new face value 30.05.2016

Reference is made to announcement from the company

27.05.2016.

The shares in Panoro Energy ASA will be traded

ex reverse split as from 30.05.2016.

10 old shares give 1 new share.

New - Face value: NOK 0.05

New - EMS: 2000

No change - ISIN: NO0010564701

No change - Instrument ID: 81450

No change - Trading Currency: NOK

No change - Segment: OBMA

*Note: The Members are advised to delete own

overnight orders before 17:15 (CET). After 17:15

(CET) overnight orders will be deleted by the

Exchange.

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