Acquisition of Armada Seismic (NO) by GC Rieber Shipping (NO) — NOK 1.3 billion

Carnegie acted as financial adviser to GC Rieber Shipping in the acquisition of Armada Seismic ASA, a vessel owning company owning two seismic vessels on charter to Dolphin Geophysical. GC Rieber Shipping business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management, project development and industrial portfolio management within the segments subsea, ice/support and marine seismic. May 2012.