Sinvest Hires Financial Advisor

Based on events that have taken place during the last weeks, the Board of Directors of Sinvest have decided to engage a financial advisor. The advisor's overall mandate will be to identify the various strategic alternatives facing the company, and provide in depth analysis of the operational and financial implications related to these scenarios. The board will act in the best interest of all Sinvest ASA shareholders, and expects to conclude the appointment as soon as possible.