Moneyextra Sharedealing



4 August 2008

Nordic Panorama plc

('Nordic Panorama' or the 'Company')

Result of General Meeting 

The Company announces that, at the general meeting of the Company held today (the 'GM'), the resolutions set out in the circular to Shareholders dated 4 July 2008 (the 'Circular') were duly approved by Shareholders.

In particular, more than 75 per cent of the votes cast at the GM by Shareholders (whether present in person or by proxy) were in favour of the special resolution to cancel admission of trading of the Ordinary Shares on AIM and of the ordinary resolution to allow the Company to communicate electronically with its Shareholders including via the Company's website.

Accordingly, cancellation of admission of the Company's Ordinary Shares to trading on AIM (the 'De-Listing') is expected to occur with effect from 7.00 a.m. on 12 August 2008.

Petter Johnsen, Director, is currently interested in 538,865,546 Ordinary Shares representing 65.54% of the issued Ordinary Shares. It was stated in the Circular that Petter Johnsen has confirmed to the Board that, following the De-Listing, he is interested in acquiring up to 25,000,000 Ordinary Shares, representing 3.04 per cent of the issued Ordinary Shares, at 0.5p per share which, if acquired in total, would result in his holding in aggregate 563,865,546 Ordinary Shares, representing 68.58 per cent of the issued Ordinary Shares.

Petter Johnsen's interest in acquiring up to 25,000,000 Ordinary Shares at 0.5p per share will be available for 21 business days following the De-Listing to Shareholders who, if interested, should contact the Company Secretary in writing at the Registered Office of the Company at 4th Floor, 7 Cork Street, London W1S 3LJ. Shareholders should note that, to the extent that applications are received for selling more than 25,000,000 Ordinary Shares, all applications will be scaled down on a pro rata basis.  Sales by Shareholders will be free of all dealing costs while purchases will be subject to stamp duty payable at the rate of 0.5 per cent of the consideration although, where the consideration is less than £1,000, no stamp duty will be payable.

Copies of the Circular, the report and accounts of the Company for the year ended 31 December 2007 and this announcement are available on the Company's website www.nordicpanoramaplc.com.

Press enquiries

Geir Kjaernes

Nordic Panorama Plc

Tel No: 0047 22 12 54 12

Norman Lott

Nordic Panorama Plc

Tel No: 020 7153 4920

Alex Borrelli

Shore Capital

Tel No: 020 7408 4090