Fairness opinion from SEB Enskilda

InterOil has received an independent statement from SEB Enskilda regarding the
voluntary cash offer from West Face. Please find the fairness opinion from SEB
Enskilda attached.


For further 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.  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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