Standard & Poor’s Lowers Bond Ratings from BBB+ to BB

In reference to announcement made by the Company on 27 June 2013, Standard & Poor’s have today issued a research update where the Njord Gas Infrastructure AS’ bond ratings are lowered by four notches from BBB+ to BB in response to the announcement from the Ministry of Petroleum and Energy of an amendment in the Gassled tariffs. The BB rating carries a Stable Outlook and a recovery rating of ‘1’.

Dated: 1 August 2013
Njord Gas Infrastructure AS

The information in this announcement is subject to the disclosure requirements of the Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs – Continuing Obligations.

Njord Gas Infrastructure AS is headquartered in Stavanger, Norway. It invests in Norwegian gas infrastructure and currently holds an 8.036% participating interest in Gassled. For more information, please refer to http://njordgasinfra.no/.

For information, please contact:

Birte Norheim, Finance Director
+47 51911064 office
+47 95293321 mobile