Oslo, Saturday, January 1, 2000
Stock Exchange Notification

On 29 April 2008, the annual general meeting gave the Board of Directors of Blom ASA a power of attorney to buy back up to 10% of the shares
outstanding in Blom ASA.

According to the power of attorney from the Board of Directors Blom ASA, Blom ASA has decided to continue its buyback program of up to one million shares.

Blom`s share buyback program, which will last until the annual general meeting in 2009 (30 June 2009 at the latest), covers purchases of up to 2.4 % of shares outstanding (1 million shares).

Blom now holds 467 200 of its own shares, which is equivalent to 1.1% of the total number of shares outstanding.This information is subject of the disclosure
requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).

For further information please contact the CFO Jan Erik Braathen on tel. +47 22 13 19 24.

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