Fred. Olsen Production CEO to Resign

Fred Olsen Production informed that Mårten Lunde will resign as CEO of the Company on July 31, 2011.

The Board has decided to appoint CFO Jørn Røkaas as acting CEO as from August 1.

The Board regrets Lunde's decision to leave the company and will thank him for his contribution to the development of Fred. Olsen Production.

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