News

Production update January 2013

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The average production in January 2013, compared to the average production in December 2012, was:

Production*	January 2013		December 2012
	Gross	Net	Gross	Net
Peru	2 757	2 757	2 764	2 764
Colombia**	1 326	964	1 411	1 026
Total	4 083	3 721	4 175	3 790

*The production is average daily oil production (bopd) before royalty
**InterOil's working interest in Colombia varies from 70% to 90% depending on license

Oil has been sold at average sales price of USD 109.6 in Peru and USD 108.3 in Colombia per barrel during January.

For more information please contact:

Erik Sandøy Thomas J. Fjell

CFO CEO

Mob: +47 488 94 426 Mob: +47 958 15 300

E-mail: esandoy@interoil.no E-mail: tfjell@interoil.no

www.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, Colombia and Ghana. InterOil currently employs approximately 280 people and is headquartered in Oslo.

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