Bergen Group ASA is contemplating a bond issue of minimum NOK 300 million with maturity
in July 2013. The purpose of the bond is to refinance outstanding bond loans maturing 13
August 2010.

First Securities AS and Pareto Securities AS have been mandated as joint lead arrangers
of the contemplated bond issue.

Bergen Group is a leading maritime industrial group with core expertise in shipbuilding,
maritime service, offshore and technology. The Group has a total of 1900 employees along
the Norwegian coast from Kirkenes in the north to Stavanger in the south. The
headquarter is located in Bergen.

For further information, please contact:

Pål Engebretsen
CEO
+47 91 11 73 69

Terje Iversen
CFO
+47 93 24 03 59

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

HUG#1426841