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New share capital registered

Oslo, 28 October 2019

Reference is made to the stock exchange notice published on 26 June 2019 regarding Interoil Exploration and Production ASA's (the "Company") conversion of debt to equity and the stock exchange notice published on 18 July 2019 regarding approval and publication of a listing prospectus.

The share capital increase related to the issuance of 2,607,774 shares to Fedmul S.A., has now been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 48,437,247, divided into 96,874,494 shares, each with a par value of NOK 0.50.

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

Interoil Main Office:
c/o Advokatfirmaet Schjødt AS
Ruseløkkveien 14
NO-0251 Oslo, Norway

Phone: (+47) 67 51 86 50
Fax: (+47) 67 51 86 60

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