Golar LNG Ltd.

Share Issue/Capital Change • Jan 28, 2011

Golar LNG - Share Options Exercise and Amendments

In January 2006 Golar LNG Limited ("Golar" or "the Company") issued options to

employees and directors of the Company with a five year term expiring in January

2011. It has been resolved to extend the maturity of these options for relevant

Board members and Management by two years from January 2011. The extension is to

align the long-term interests of shareholders with the Board and Management.

Mr. John Fredriksen, Chairman of the Board, President and Director of Golar has

exercised 300,000 share options in Golar. The options have a strike price of

$10.37 per share. Mr. Fredriksen has sold the same shares at NOK 100.50 per

share.

An affiliated party of Mr. Fredriksen, World Shipholding, has subsequently

purchased a TRS agreement in respect of the same number of shares. The TRS

agreement matures August 24, 2011 and has a strike price of NOK 102.82.  After

this transaction World Shipholding, a company indirectly controlled by trusts

established by Mr. Fredriksen for the benefit of his immediate family, owns

31,203,900 shares and has TRS agreements with exposure to a further 500,000

shares. Mr. Fredriksen's and World Shipholding's effective combined exposure to

Golar LNG stock remain unchanged after these transactions.

Option holder Mr. Tor Olav Troim has exercised 150,000 share options in Golar

with a strike price of $10.37 per share. Through Drew Investments Ltd., a

company controlled by Mr. Troim, he has acquired the shares and therefore

remains the holder.

Primary Insiders have been granted extensions of option exercise period as noted

above as follows:

+------------------+--------+

| Kate Blankenship | 75,000 |

+------------------+--------+

| Graham Robjohns | 75,000 |

+------------------+--------+

Total holdings of these primary insiders after this amendment are:

+------------------+---------+--------+

|   | Options | Shares |

+------------------+---------+--------+

| Kate Blankenship | 75,000 | 6,500 |

+------------------+---------+--------+

| Graham Robjohns | 175,000 | 2,500 |

+------------------+---------+--------+

A further 246,834 options have also been exercised by employees who are non-

primary insiders. These options have been exercised at a strike price of $10.48.

Golar LNG has sold 150,000 treasury shares in relation to these option exercises

and after these transactions does not own any of its own shares.

The total outstanding number of shares in Golar after these options have been

exercised is 68,123,700.

January 27, 2010

The Board of Directors

Golar LNG Limited

Hamilton, Bermuda.

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1483233]