Aker BP — AGM Information 2016

Aug 25, 2016

Trondheim, 25 August 2016

Notice of Extraordinary General Meeting

Notice is hereby given that an Extraordinary General Meeting of Det norske oljeselskap ASA ("the Company", OSE ticker code "DETNOR") will be held at the Company's office at Munkegata 26, Trondheim, Norway on Thursday 15 September 2016, at 12:00 CET.

On the agenda is, inter alia, the proposed private placement of approximately 135.1 million shares in relation to the business combination between the Company and BP Norge AS. The full notice and a statement by the Company's auditor are attached.

Contacts:

Investor contact: Jonas Gamre, VP Investor Relations, tel.: +47 971 18 292 Media contact: Rolf Jarle Brøske, SVP Communications, tel.: +47 911 12 475

About Det norske:

Det norske is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). We are building one of Europe's largest independent E&P companies.

Det norske is the operator of the producing Alvheim field and for the Ivar Aasen field development. In addition, the company is partner in the Johan Sverdrup field. Det norske has an active exploration programme on the Norwegian shelf and an ambitious strategy for growth.

Det norske's headquarters are located in Trondheim, with branch offices in Stavanger, Oslo and Harstad. Det norske is listed on Oslo Børs with ticker 'DETNOR'. More about Det norske at www.detnor.no/en/.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.