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Regulatory press release

ARGEO: Argeo ASA is placed in Recovery Box

Argeo
With reference to the recent announcements from Argeo ASA, Oslo Børs has decided
to place the company in Recovery Box.

Recovery Box is a special compartment where Euronext Oslo Børs can place
securities when the Issuer is subject to circumstances that make pricing of the
securities particularly uncertain. Recovery Box is regulated in section 2.9.2 of
Euronext Oslo Børs Rule Book II. The relevant security will remain in the
Recovery Box until the circumstances for the allocation to the Recovery Box are
no longer present.
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