Minutes - Extraordinary General Meeting

An Extraordinary General Meeting of ScanArc ASA was held 10 February 2012.

The minutes from the general meeting are attached to this notice. The general meeting resolved to approve the transformation of the company into an investment company. The following new board of directors was elected:

Ketil Sandhaug, chairman
Ellen Merete Hanetho
Arnfinn Thomassen

For further information, please contact:

Ralf Schmidt
CEO, ScanArc ASA
Mob.: +47 959 49 978

Oddleif Hatlem
CFO, ScanArc ASA
Mob.: +47 907 29 782