Fred. Olsen Energy ASA hereby informs that with effect from today, August 14,
2017, Mr. Agnar Gravdal has stepped down as Director of The Board of Fred. Olsen
Energy ASA.
The Board will thereafter consist of:
Anette S. Olsen (Chairman)
Cecilie B. Heuch (Director)
Jan Peter Valheim (Director)
Richard Olav Aa (Director)