North Energy ASA - Mandatory Notification of Trade

Kristen Berli, SVP Exploration and Business Development and also a primary
insider in the North Energy ASA, purchased on 15 December 2014 50,000 shares
in North Energy ASA at a price of NOK 2,20 per share. Following this
transaction, Kristen Berli holds 98,027 shares in North Energy ASA.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.




[HUG#1880454]