OCY: New Share Capital Registered

Reference is made to prior stock exchange notice regarding share capital increase in respect of issuance of new shares to members of management. The share capital increase has now been registered with the Norwegian Register of Business Enterprises. The new share capital is NOK 1,341,921,110 divided into 134,192,111 shares each with a par value of NOK 10.00.

Date: Oslo, 1st April 2014

This notice is issued pursuant to Section 5-12 of the Norwegian Securities Trading Act and the Oslo Børs Continuing Obligation