Reference is made to the stock exchange announcement made by Norwegian Air
Shuttle ASA ("NAS") on 21 July 2020 regarding conversion of debt to equity and
new registered share capital in relation to said conversion.
 
OSM Aviation Ltd. and its group companies (jointly "OSM Aviation") have, 30 July
2020, sold 2 602 886 shares in NAS.
 
After the sale, OSM Aviation owns on a consolidated basis 178 122 029 shares in
NAS, which is equal to approximately 4.99% of the outstanding shares and votes
in NAS.

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© Oslo Bors ASA, source Oslo Stock Exchange