Rank	Investor	Holding	Stake	Type	Country
1	DAIMYO INVEST AS	62,156,889	11.88%	Ordinary	NOR
2	GRIEG KAPITAL AS	57,598,775	11.01%	Ordinary	NOR
3	RISTORA AS	44,939,182	8.59%	Ordinary	NOR
4	NORDIC DELTA AS	35,000,000	6.69%	Ordinary	NOR
5	VICAMA AS	31,368,773	5.99%	Ordinary	NOR
6	KVASSHØGDI AS	26,906,900	5.14%	Ordinary	NOR
7	UBS SWITZERLAND AG	26,637,463	5.09%	Nominee	CHE
8	HEGGELUND JAN	16,212,105	3.10%	Ordinary	NOR
9	UBS SWITZERLAND AG	14,315,000	2.74%	Nominee	CHE
10	BERGEN KOMMUNALE PENSJONSKASSE	10,339,452	1.98%	Ordinary	NOR
11	NORDFJORD AS	10,000,000	1.91%	Ordinary	NOR
12	MOHN FREDERIK WILHELM	9,289,592	1.77%	Ordinary	NOR
13	GBR HOLDING AS	7,907,773	1.51%	Ordinary	NOR
14	HELIDA AS	7,142,000	1.36%	Ordinary	NOR
15	NORDIC ALPHA AS	6,482,034	1.24%	Ordinary	NOR
16	SULEFJELL AS	5,768,782	1.10%	Ordinary	NOR
17	AEGIR CAPITAL AS	5,000,000	0.96%	Ordinary	NOR
18	ALDEN AS	5,000,000	0.96%	Ordinary	NOR
19	JOACHIM WG AS	4,855,336	0.93%	Ordinary	NOR
20	NORDNET LIVSFORSIKRING AS	4,537,729	0.87%	Ordinary	NOR
	Total top 20 shareholders	391,457,785	74.80%
	Other shareholders	131,914,488	25.20%
	Total	523,372,273	100.00%