SOURCE: Golar LNG

August 15, 2008 18:08 ET

Golar LNG Share Incentive Program

HAMILTON, BERMUDA--(Marketwire - August 15, 2008) - The Board of Golar LNG Limited has approved the grant of 641,584 share options to employees of the Company and its subsidiaries under the terms of the Company's existing share option scheme. The options have a strike price set at $18.20 per share. The options vest one third each year over three years, assuming continued employment, and the option period is five years. 231,250 of these shares have been granted to primary insiders as set out in the attached file.

August 15, 2008
The Board of Directors
Golar LNG Limited
Hamilton, Bermuda.

Attachments: Golar LNG Share Incentive Program: http://hugin.info/133076/R/1244046/268127.pdf

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Contact Information

  • Questions should be directed to:
    Golar Management (UK) Ltd
    +44 207 517 8600
    Gary Smith
    Chief Executive Officer
    Graham Robjohns
    Chief Financial Officer