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Shareholder Approval Received

Fred Olsen Production ASA Initiates Strategic Review


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OSLO, Norway--([ ])--Regulatory News:

The Board of Fred. Olsen Production ASA (aFOPa) (OSE:FOP) has in its meeting Friday 28th September 2012 resolved to conduct a comprehensive review of strategic options available to FOP, including merger, sale or continued organic growth. In this connection FOP has engaged ABG Sundal Collier Norge ASA (aABG Sundal Colliera) to act as its financial advisor.

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