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Hitt og þetta 22. september 2006

Petrojarl ASA - Acceptance Of Mandatory Offer

The following primary insiders of Petrojarl ASA have today accepted the Mandatory Offer dated 18 September 2006 from Teekay Shipping Corporation, made through its subsidiary TPO Investments AS:

Keith N. Henry, Chairman of the Board, has accepted to sell 4,600 shares. Following the acceptance, Keith N. Henry holds no shares and no options in Petrojarl ASA.

Rolf Erik Rolfsen, Deputy-Chairman of the Board, has accepted to sell 3,200 shares. Following the acceptance, Rolf Erik Rolfsen holds no shares and no options in Petrojarl ASA.

Joey S. Horn, Board Member, has accepted to sell 12,600 shares. Following the acceptance, Joey S. Horn holds no shares and no options in Petrojarl ASA.

Espen Klitzing, President and CEO, has accepted to sell a total of 12,664 shares, of which 7,720 shares are accepted by EK Kapital A/S, a company controlled by Espen Klitzing. Following the acceptance, Espen Klitzing holds no shares and 200,000 options in Petrojarl ASA.

Helge Krafft, Executive Vice President, has accepted to sell 12,647 shares. Following the acceptance, Helge Krafft holds no shares and 80,000 options in Petrojarl ASA.

Erik Evjen, Chief Financial Officer, has accepted to sell 8,160 shares. Following the acceptance, Erik Evjen holds no shares and 80,000 options in Petrojarl ASA.

Rolf Børresen, Senior Vice President Engineering, has accepted to sell 1,007 shares. Following the acceptance, Rolf Børresen holds no shares and 60,000 options in Petrojarl ASA.

Sverre W. Stenvaag, Senior Vice President Operations, has accepted to sell 2,280 shares. Following the acceptance, Sverre W. Stenvaag holds no shares and 60,000 options in Petrojarl ASA.

Nils B. Johannessen, Vice President HR, IT and Administration, has accepted to sell 887 shares. Following the acceptance, Nils B. Johannessen holds no shares and 40,000 options in Petrojarl ASA.

Terje Ruud, Vice President Finance and Control, has accepted to sell 302 shares. Following the acceptance, Terje Ruud holds no shares and 25,000 options in Petrojarl ASA.

**** The information included herein contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on various assumptions made by the Company which are beyond its control and are subject to certain additional risks and uncertainties. As a result of these factors, actual events may differ materially from those indicated in or implied by such forward-looking statements. Petrojarl ASA is one of the largest operators of floating production storage and offloading vessels in the North Sea. Petrojarl owns and operates four FPSO vessels in addition to operating two shuttle tankers and one storage tanker. Petrojarl is currently evaluating projects outside of the North Sea and has ambitions to double its fleet within 2010. Petrojarl's revenues for the year ended 31 December 2005 amounted to USD 280.7 million. The company employs approximately 524 people. The headquarters are located in Trondheim. Petrojarl also has an operations office in Aberdeen. For more information about Petrojarl visit www.petrojarl.com

FOR DETAILS, CONTACT:

Espen Klitzing Chief Executive Officer Phone: +47 928 26 166

Erik Evjen Chief Financial Officer Phone: +47 482 64 314

25 ára afmælistilboð VB – 50% afsláttur af áskrift

Afmælistilboð VB

Viðskiptablaðið er 25 ára og af því tilefni býðst nýjum áskrifendum að kaupa áskrift á 50% afslætti.
Afmælisverðið er aðeins 2.500 krónur.

Tilboðið er fyrir nýja áskrifendur. Núverandi áskrifendur geta bætt við sig áskrift á þessu verði. Gildir í 4 mánuði. Áskrifendur fá Viðskiptablaðið, Frjálsa verslun og Fiskifréttir sent ásamt vefaðgangi að vb.is og fiskifrettir.is