NORSK TILLITSMANN ASA - DISMISSAL OF ENFORCEMENT PROCEEDINGS

On 18 February 2010 Interoil Exploration and Production ASA informed the market
of enforcement proceedings initiated by Norsk Tillitsmann ASA. Interoil
Exploration and Production ASA has today been informed that the enforcement
proceedings initiated by Norsk Tillitsmann ASA have been dismissed.

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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