Reference is made to Stock Exchange Announcement dated 3. April 2012, where a bondholder meeting was called to vote for a resolution in the bondholders meeting that would secure an orderly restructuring of Blom's balance sheet. Bondholders representing 100 % of the bondholders present at the bondholder meeting voted in favor of the proposed solution. It was thereby resolved to convert NOK 312 million of the bond loan "FRN Blom ASA Senior Secured Bond Issue 2009/2012", which totals NOK 346, into equity in Blom. The remaining MNOK 35 of this bond loan is exchanged into a new Convertible Bond loan with face value NOK 11 million. The maturity of the NOK 50 million bond loan "FRN Blom ASA Senior Bond Issue 2011/2012" was prolonged to 30. April 2015 and the interest rate was reduced from NIBOR + 11% to NIBOR + 5.5%. The resolutions of the bondholder meeting are conditioned upon the Extraordinary General Meeting in Blom, which take place 25. April 2012, approving the increase in share capital following the debt conversion. Further details can be found at www.stamdata.no. This information is subject to the disclosure requirements according to Section 5-12 of the Securities Trading Act. For further information please contact CEO Dirk Blaauw, on tel. +47 22 13 19 20 or CFO Lars Bakklund, tel. +47 22 13 19 34.