Golar LNG
oslo : GOL

June 29, 2011 16:15 ET

Correction: Golar LNG completes compulsory acquisition of remaining outstanding shares in Golar LNG Energy Limited

LONDON, NORWAY--(Marketwire - Jun 29, 2011) -

Reference is made to announcement dated on June 28, 2011 where Golar LNG Limited ("Golar LNG") informed of its intent to exercise its right under Bermuda company law to compulsory acquire all remaining outstanding shares in Golar LNG Energy Limited ("Golar Energy") and the notice of compulsory acquisition ("tvangsinnløsning") dated June 3, 2011 that was sent out to remaining shareholders in Golar Energy.

Golar LNG hereby informs that the compulsory acquisition will be completed at NOK 26.80 per share.

The last day for trading the shares on Oslo Børs is expected to be July 4, 2011. On the night of July 8, 2011 the remaining outstanding shares will be acquired by Golar LNG. Settlement through VPS is expected to take place on July 12, 2011.

Hamilton, Bermuda on June 28, 2011

This information is subject of the disclosure requirements acc. to §5- 12 vphl (Norwegian Securities Trading Act)

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Golar LNG via Thomson Reuters ONE


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