Notice of outcome in the Second Written Procedure for Blåfjell AS

To the bondholders in senior secured bonds with ISIN NO 001 080980.9 (the “Bonds”) issued by Blåfjell AS (the “Issuer”) on 9 November 2017.

In the written procedure for which was given on 7 October 2019 and last date to vote was 23 October 2019, the Trustee hereby announce that the quorum requirement stipulated in the Terms and Conditions for the Bonds was not met, thus the Request (as defined in the notice) was neither accepted nor rejected.

 The notice can be downloaded as per below.

 Notice of outcome

The Issuer will decide whether to initiate a Second Written Procedure or not within 10 business days.

For further information, please contact:

Peter Drachmann

Intertrust (Norway) AS

Mail: peter.drachmann@intertrustgroup.com

Phone: +46 70 688 19 10