Notice of annual general meeting

The Annual General Meeting will be held on Thursday

29th of April 2010 at 17:30 at the Bouvet office,

Sandakerveien 24C, entrance D11, Oslo.

On the agenda is:

1. Opening of the General Meeting by the Chairman of

the Board, including register of participating

shareholders, in person or

by proxy.

2. Appointment of a Chairperson for the meeting and a

person to countersign the minutes.

3. Approval of Notice and Agenda.

4. Approval of Annual Accounts for 2009 for the

company and the group.

· The Board propose a dividend of NOK 3,75 per share.

5. Determination of the remuneration of the members

of the Board of Directors for 2010.

6. Determination of the remuneration of the members

of the Nomination Committee for 2010.

7. Approval of the auditor's fee for 2009.

8. Election of members to the Nomination Committee.

9. Hearing of the Board's declaration regarding

salary and other remuneration for the Chief Executive

Officer and Management in Bouvet ASA.

10. Authorisation to the Board of Directors to

increase the share capital by share issues in

connection with acquisitions of other companies.

11. Authorisation to the Board of Directors to

increase the share capital by share issues in

connection with share scheme for employees.

12. Authorisation to the Board of Directors to

acquire own shares.

See enclosed notice for details. Enclosed is also

the annual report for 2009.

Oslo, 8th of April 2010

Åge Danielsen, Chairman of the Board

This information is subject of the disclosure

requirements acc. to §5-12 (Norwegian Securities

Trading Act).

AI assistant