Reference is made to the notice to the Oslo Stock Exchange as of 19 June 2015,
whereby it was announced that Fred. Olsen Renewables Limited ("FORL"), a 100%
subsidiary of Fred. Olsen Renewables AS ("FORAS") which is owned 50/50 by
Bonheur ASA and Ganger Rolf ASA, was in final stage of negotiations with the UK
based infrastructure fund The Renewables Infrastructure Group Limited ("TRIG")
to acquire a significant minority interest in FORL's 433 MW installed capacity
UK onshore wind farm portfolio.
The process has since progressed and negotiations with TRIG have now concluded
in a final agreement which will see TRIG acquire ownership of 49% of the
abovementioned portfolio ("the Transaction"). Please see the document enclosed
for further information about the Transaction.