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Regulatory press release

Treasure ASA: Appointment of new Chief Financial Officer

Treasure
Treasure ASA today announced that Thomas Finnema has been appointed the new CFO
of Treasure ASA. Thomas Finnema also holds the position as Head of Treasury in
Wilh. Wilhelmsen Holding ASA. Apart from working in the Wilhelmsen Group, Thomas
Finnema has held positions within Treasury and Finance in companies such as
Tomra Systems ASA and Golden Ocean Management AS. He holds a Master's degree in
Finance and Strategic Management from Copenhagen Business School and Bachelor
degree in Business and Administration from Sør-Trøndelag University College.

Magnus Sande will no longer hold the position as interim CFO and will continue
as CEO of Treasure ASA.

For further information, please contact:
Magnus Sande, CEO
Tel: (+47) 915 55 051
email: info@treasureasa.com
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