Initial public offering of Petrojarl ASA (NO) — NOK 645 million

Carnegie acted as co-lead manager in the initial public offering of Petrojarl ASA, the Floating Production Storage and Offloading company which was spun-off from PGS ASA in June 2006. Petrojarl owns and operates the largest and most advanced fleet of FPSOs in the North Sea. June, 2006.