Ingerø Reiten Investment Company AS ("IRIC"), a closely associated company of
the chairperson and primary insider in VOW ASA ("VOW"), Narve Reiten, has sold
29,075,996 shares in VOW through a forced sale implemented by the bank (lender)
of IRIC, reducing the consolidated shareholding of IRIC from 31,145,000 shares
and votes (approx. 27.12%) to 2,069,004 shares and votes (approx. 1.8%) in VOW.
This disclosure is made pursuant to article 19 of the EU Market Abuse Regulation
and sections 4-2 and 5-12 of the Norwegian Securities Trading Act.