The Board of Blom ASA has decided to offer to purchase the shares in Blom ASA owned by shareholders who own fewer than 33 shares. Shareholders who accept the Offer will be able to sell their shares free of charge. Information letter and acceptance form will be sent to shareholders of Blom ASA based on the shareholder register in Verdipapirsentralen (VPS) per 24 November 2014. The offer is based on the Board's desire to provide shareholders with small shareholdings an opportunity to realize their shares at a cost-effective manner and reduce Blom's costs associated with the administration of the Company's shareholder base. The offer price is NOK 16 pr. share, equivalent to the volume weighted average price during the last 30 days pr. November 24, 2014. The acceptance period will run from 27th of November 2014 until 16:30 hours on December 12th, 2014. According to the Public Limited Companies Act § 4-24, a public limited may apply for permission to carry out a compulsory acquisition of shares held by shareholders whose shares have a total value not exceeding NOK 500. The Offer Letter is considered a Pre-Notification of possible compulsory acquisition. Questions may be directed to Blom ASA attn: / CEO Dirk Blaauw, telephone + 47 22 13 19 23.