Scana Names New CEO

Rolf Roverud commenced as Chief Executive Officer in Scana Industrier ASA. Roverud leaves the position as Deputy Group Executive of NSB AS.

He has previously held several leading positions in Saga Petroleum, and was instrumental in the Saga/Norsk Hydro integration process. His educational background is within business administration, and he holds a Master's degree in management.

With reference to the employee option scheme which was notified on Aug. 15, 2007, Roverud is awarded 200.000 options in Scana Industrier ASA.

Frode Alhaug, previous CEO, is advisor to the Board of Scana Industrier ASA and member of the board of some of Scana's subsidiaries.