The Annual General Meeting of Ganger Rolf ASA was held today, Wednesday
30 May 2012. All items on the agenda were handled and resolved in
accordance with the proposals to this Annual General Meeting, the agenda
of which was sent to Oslo Stock Exchange on 8 May 2012.

The Annual General Meeting (AGM) hereunder approved the financial
statements and annual report of Ganger Rolf ASA and the Group for 2011
as well as the Board's proposal on a dividend equal to NOK 6.00 per
share. The dividend is estimated to be paid on or about 22 June 2012 to
shareholders registered as holding shares on the date of this Annual
General Meeting.
Consequent on the aforesaid the Company's shares will be traded
exclusive of dividend as of 31 May 2012

Jørgen G. Heje and Bård Mikkelsen were re-elected as members of the
Shareholders' Committee.

In a subsequent meeting in the Shareholders' Committee Håvar Poulsson
was re-elected as an alternate director of the Board.

Please find enclosed the protocol and presentation from the Annual
General Meeting.