Reduced numbers of shareholders in Lighthouse Caledonia

Based on the voluntary offer from the above mentioned announcement and the permission granted by the Norwegian Ministry of Trade and Industry, the Company has carried through a redemption of small shareholdings, c.f. the Norwegian Public Limited Liability Companies Act section 4-24. The redemption encompassed 1,071,266 shares transferred to the Company from shareholders owning fewer than 1,400 shares. The redemption was made at a redemption price of NOK 0.35 per share. After the redemption of small shareholding, Lighthouse Caledonia ASA holds 1,071,226 treasury shares.

Due to the redemptin of small shareholdings, the number of shareholders in Lighthouse Caledonia ASA has been reduced from 12,115 shareholders to 2,454.

The Company is pelased to note that its shareholder struture is now adapted to a more appropriate level for the size of the company with the assoiated reduction in the cost of servicing the individual shareholders.