RomReal Ltd. — AGM Information 2010

Apr 29, 2010

MINUTES of the 2010 Annual General Meeting of RomReal Ltd. (the “Company”) held at Richmond House, 12 Par-la-Ville Road, Hamilton HM08, Bermuda on 23 April 2010 at 9.00am

Present:	Represented by Proxy	Proxy Holder
	Andrew Shegog (56,400 shares)	Chairman
	Artio International Equity Fund (722,300 shares)	Chairman
	Arve Nilsson (850,000 shares)	Chairman
	Belgavia Holdings (1,896,964 shares)	Chairman
	Bjordal Invest AS (45,450 shares)	Chairman
	Jon Gausen (479,333 shares)	Chairman
	Saga Eiendom (900,000 shares)	Chairman
	Sebastian Davidson (50,000 shares)	Chairman
	Jonas Bjerg (574,264,000 shares)
	Ulf Lund (22,000 shares)
	Richard Hartley (68,180 shares)

In attendance: Kjetil Grønskag Jonas N. Bjerg Richard Hartley Ulf Lund

1. Kjetil Grønskag took the Chair and Richard Hartley acted as Secretary to the meeting.

2. Notice and Quorum

The Chairman reported that Notice convening this meeting had been given in accordance with the Bye-laws of the Company and that a quorum was present.

1. Previous Minutes

The minutes and written resolutions of the Members with effect from 24 April 2009, the date of the 2009 Annual General Meeting, to date, be confirmed as true and accurate.

1. Auditors’ Report and Financial Statements

The Chairman placed before the meeting the Auditors’ Report and Financial Statements for the financial year ended 31 December 2009, which had been approved by the Board of Directors.

RESOLVED that the Auditors’ Report and Financial Statements for the financial year ended 31 December 2009, signed by all Directors on behalf of the Board of Directors and presented at this meeting, be and are hereby adopted.

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RomReal Ltd. 2010 AGM 23 April 2010 Page 2 of 2

5. Appointment of Auditors

RESOLVED that Ernst & Young, Chartered Accountants, be and they are hereby re-appointed Auditors of the Company to hold office until the close of the next Annual General Meeting; and that the Board be and it is hereby authorised to determine the Auditors’ remuneration.

6. Election of Directors

RESOLVED that:

(a) the number of Directors be not more than EIGHT (8);

(b) the following persons be and are hereby elected Directors of the Company to serve until the next Annual General Meeting of the Company or until their respective successors are elected or appointed:

Thor Bjordal Kjetil Grønskag Mihai Gabriel Buia Jonas N. Bjerg Arve Nilsson Erik Sture Larre

(c) the Board be and it is hereby authorised to fill any vacancy on the Board as and when it deems fit;

(d) the Board be and it is hereby authorised to appointed Alternate Directors as and when it deems fit; and

(e) fees are paid to the Directors for a total of EUR 7,500 per quarter. Mr Grønskag, Mr. Larre and Mr. Bjerg abstained from receiving a Director’s fee for the forthcoming financial year.

7. There being no further business, the meeting terminated.