Purchase of shares in Glamox ASA

Reference is made to Arendals Fossekompani ASA's
stock exchange notice dated November 17 2012 in
connection with the purchase of shares in Glamox ASA
to achieve majority interest.

Please find attached an Information Memorandum, in
accordance with Section 3.5 of the Continuing
Obligations of stock exchange listed companies.

For further information:

Sverre Valvik, CEO
Sverre.valvik@arendalsfoss.no

Sam C. Syvertsen, Director of Investment
Sam.Syvertsen@arendalsfoss.no

This information is subject to the disclosure
requirements in the Norwegian Securities Trading Act