OSE – QUARTERLY DIVIDEND PAYMENTS
Quarter Cash dividend (NOK) Announcement date Ex-dividend date Record date Payment date
1Q 2014 1.80 29.04.2014 14.08.2014 18.08.2014 28.08.2014
2Q 2014 1.80 25.07.2014 14.11.2014 17.11.2014 28.11.2014

NYSE – QUARTERLY DIVIDEND PAYMENTS
Quarter Cash dividend (NOK) Announcement date Ex-dividend date Record date Payment date
1Q 2014 1.80 29.04.2014 14.08.2014 18.08.2014 05.09.2014
2Q 2014 1.80 25.07.2014 14.11.2014 18.11.2014 05.12.2014
All future dates are expected and are subject to change.

ANNUAL DIVIDEND PAYMENTS
Year Cash dividend(NOK) Proposed (date) Approval (date) Payout (date) Risk amount (NOK)*
2001 2.85 19.02.02 07.05.02 28.05.02 None
2002 2.90 18.02.03 08.05.03 23.05.03 2.77
2003 2.95 11.02.04 05.05.04 25.05.04 2.43
2004 5.30 14.02.05 11.05.05 31.05.05 3.26
2005 8.20 13.02.06 10.05.06 30.05.06 0.89
2006 9.12 18.12.06 15.05.07 05.06.07 0.83
2007 8.50 27.02.08 20.05.08 30.05.08
2008 7.25 17.02.09 19.05.09 03.06.09
2009 6.00 11.02.10 19.05.10 02.06.10
2010 6.25 09.02.11 19.05.11 01.06.11
2011 6.50 08.02.12 15.05.12 30.05.12
2012 6.75 07.02.13 14.05.13 29.05.13
2013 7.00 06.02.14 14.05.14 28.05.14
*Risk is the Norwegian abbreviation for the variation in the company's retained earnings after tax during the ownership of the shareholder.

ADR Dividends (STO)

GROSS NET*
Year Cash dividend (USD) Cash dividend Ex date Pay date Exchange rate
2001 0.353094 0.3001 03.05.2002 07.06.2002 8.0715
2002 0.430298 0.3657 06.05.2003 02.06.2003 6.7395
2003 0.429715 0.3652 03.05.2004 04.06.2004 6.6865
2004 0.817587 0.6949 06.05.2005 10.06.2005 6.4825
2005 1.341513 1.14028 09.05.2006 09.06.2006 6.1125
2006 1.518355 1.2906 11.05.2007 15.06.2007 6.0065
2007 1.654501 1.40632 21.05.2008 09.06.2008 5.1375
2008 1.140206 0.969175 20.05.2009 15.06.2009 6.3585
2009 0.920909 0.782772 21.05.2010 14.06.2010 6.5153
2010 1.150165 0.97764 20.05.2011 13.06.2011 5.434
2011 1.068042 0.907836 17.05.2012 11.06.2012 6.0859
2012 1.1450 0.9683 17.05.2013 05.06.2013 5.8950

* Dividends we pay with respect to shares or ADRs will generally be qualified dividend income and subject to 15% withholding tax.