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Notification of proxies

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In connection with today's extraordinary shareholders meeting in Interoil Exploration and Production ASA ("Company") Riccardo Reggio and Per Lønn have received proxies to vote on behalf of shares that trigger a notification requirement in accordance with the Norwegian Securities Trading Act § 4-3.

Riccardo Reggio, on 26 February 2013, received a proxy from Rakila Properties Ltd to represent 11 007 816 shares, representing a total of 26% of the outstanding shares in the Company. The proxy is only valid in today's shareholder meeting.

Per Lønn, on 3 March 2013, received a proxy, only valid in today's shareholder meeting, from:

  1. Bradley Louis Radoff to represent 1 941 460 shares, representing a total of 4 % of the outstanding shares in the Company.
     
  2. Radoff Family Foundation to represent 100 000 shares, representing a total of 0,2% of the outstanding shares in the Company.
     
  3. Perry Radoff to represent 484 901 shares, representing a total of 1% of the outstanding shares in the Company.

Per Lønn also represents Vestra Hamnen Fondkommission, which owns a total of 3 000 000 shares, representing a total of 6,3% of the outstanding shares in the Company. In total Per Lønn therefore represents 11,5% of the outstanding shares in the Company.

For more information please contact:

Thomas J. Fjell

CEO

Mob: +47 958 15 300

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.

Interoil Main Office:
c/o Advokatfirmaet Schjødt AS
Tordenskiolds gate 12
NO-0160 Oslo, Norway


E-mail: ir@interoil.no

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