NOTIFICATION OF BONDHOLDER MEETING

InterOil E&P ASA (IOX) has received notification from Norsk Tillitsmann ASA of a
new bondholder meeting February 15. The notification mentions possible authority
to initiate bankruptcy proceedings against IOX. According to the Q3
2009 results the Company is solvent and total values far exceeds total depth.
This is also the present situation.

For more information please contact:

Fredrik von Zernichow
Investor Relation Manager
Tel: +47 6751 8661
Mob: +47 9927 3843
Fax: +47 6751 8660
E-mail: f.zernichow@interoil.no
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InterOil Exploration & Production ASA is a Norwegian based exploration and
production company - listed on the Oslo Stock Exchange - with focus on
Latin-America and West-Africa. The company is operator of several production and
exploration assets in Peru and Colombia, and is an active license partner in
Angola and Ghana. InterOil currently employs approximately 250 people and is
headquartered in Oslo.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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