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Mandatory notification of trade

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CFO, Erik Sandøy bought Wednesday, 11th December, 50 000 shares for an average price of NOK 1.93 per share. Erik Sandøy owns or controls including the above purchase, 250 000 shares, which is equivalent to 0,1% of total shares in the Company.

For more information please contact:

Thomas J. Fjell
CEO
Mob: +47 958 15 300
E-mail: tfjell@interoil.no

Erik Sandøy
CFO
Mob: +47 488 94 426
E-mail: esandoy@interoil.no

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Interoil Exploration & Production ASA is a Norwegian based exploration and production company - listed on the Oslo Stock Exchange - with focus on Latin-America. The company is operator of several production and exploration assets in Peru and Colombia. Interoil currently employs approximately 275 people and is headquartered in Oslo.

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

Interoil Main Office:
c/o Advokatfirmaet Schjødt AS
Tordenskiolds gate 12
NO-0160 Oslo, Norway


E-mail: ir@interoil.no

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