Oppstartsfase 1 (Wilh. Wilhelmsen) ASA to be listed on Oslo Børs

The Board resolved to admit shares in Oppstartsfase 1

ASA to listing on Oslo Børs. Prior to admission to

listing, Oppstartsfase 1 will change its name to

Wilh. Wilhelmsen ASA following a restructuring of the

Wilhelmsen group.

The Board agreed to exempt the company from the

requirement that a listed company must have been in

existence for at least three years, cf. Sections

2.3.1 and 2.3.2 of the Listing Rules. This exemption

was granted because the company's business has been

in existence, but has been carried out by different

legal entities.

The Board stipulated that, prior to the first day of

listing, the company must satisfy the requirement for

the number of shareholders as specified in Section

2.4.2 of the Listing Rules, and at least 25% of the

shares to be admitted to listing must be held by the

general public as required by Section 2.4.1 of the

Listing Rules. In addition, the company must prior to

the first day of listing and provide documentary

evidence that the reorganisation of the group,

including the merger with Wilh. Wilhelmsen ASA, has

been completed as planned.

The Board authorised the Chief Executive Officer of

Oslo Børs to fix the date of the first day of

listing, which is to be no later than 30 July 2010.

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