Please  find enclosed the notice of  the extraordinary general meeting in Bjørge
ASA to be held on 20 October 2010. The appendices to the notice are available at
the company's website: www.bjorge.no/investor

The  company has today  publicised an information  memorandum in connection with
the  proposed  demerger  of  the  company,  ref.  the  company's  stock exchange
notification  of  20 September  2010. The  information  memorandum  is  enclosed
hereto,  and has also  been made available  on the company's  website and at the
website of Pareto Securities AS: www.pareto.no.

The  notice of the extraordinary general  meeting and the information memorandum
have  been publicised in accordance  with section 10.3 and 3.5, respectively, of
Oslo Stock Exchange's continuing obligations for listed companies.

For further information, please contact Trine Sæther Romuld, EVP and CFO, Bjørge
ASA, +47 991 63 632.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1447637]





Information Memorandum: 
http://hugin.info/134012/R/1447637/390225.pdf

Notice of extraordinary general meeting: 
http://hugin.info/134012/R/1447637/390224.pdf




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Source: Bjørge ASA via Thomson Reuters ONE