Oslo, Friday, September 11, 2009
Stock Exchange Notification
Blom ASA - New successfully completed bond issue

Reference is made to the notification sent on 10 September 2009 regarding a new contemplated bond issue in Blom ASA. A NOK 300 million secured bond issue with expected maturity date on 25 September 2012 has now successfully been completed. Settlement date is expected to be 25 September 2009. An application will be made for the bonds to be listed on Oslo ABM as soon as practically possible. The proceeds will be used for refinancing of existing debt and for general corporate purposes.

Blom is pleased to have secured long-term financing for further growth.

SEB Merchant Banking acted as Lead Arranger and Pareto Securities as Co-lead Arranger of the new bond issue.

For further information please contact:

Dirk Blaauw, CEO Blom ASA, on tel: +47 22 13 19 23 or
Jan Erik Braathen, CFO Blom ASA, on tel: +47 22 13 19 24

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