Arctic Securities AS has received an order from a financial investor to explore
the opportunity to buy up to 5,000,000 shares in Fjord1 ASA at a price of NOK
45.00 per share. The tendering process will commence as of publication of this
notice and expire on 11 February 2020 at 08:00 CET, with the opportunity to be
closed earlier or be extended. 

Completion of the order is dependent on approval by the buyer. If sales orders
for more than 5,000,000 shares are received, the investor reserves the right, at
its sole discretion, to purchase a higher number of shares. 

Shareholders wanting to sell shares can contact Arctic at phone: +47 22 93 72 41
/ +47 22 93 72 42 / +47 21 01 32 13.