Public offer for Trefoil Limited (BU) by Delta Hydrocarbons B.V (NL) — NOK 852 million

Public offer for Trefoil Limited (BU) by Delta Hydrocarbons B.V (NL) — NOK 852 millionCarnegie acted as adviser and provided a fairness opinion in this respect to the Board of Directors of Trefoil Limited. Delta Hydrocarbons B.V announced its intention to make a mandatory offer to acquire all the remaining 24.56 per cent of shares in Trefoil Limited not already owned by Delta, Smedvig Capital AS and Austral Property Holding Ltd, at price of NOK 24 per share, payable in cash. July, 2008.