Rank	Investor	Holding	Stake	Type	Country
1	SPAREBANKSTIFTELSEN ØSTFOLD AKERSH	4,863,436	39.26%	Ordinary	NOR
2	SPAREBANK1STIFTELSEN HALDEN	3,126,414	25.24%	Ordinary	NOR
3	SKANDINAVISKA ENSKILDA BANKEN AB	1,232,791	9.95%	Nominee	GBR
4	VPF EIKA EGENKAPITALBEVIS	606,555	4.90%	Ordinary	NOR
5	SALT VALUE AS	260,914	2.11%	Ordinary	NOR
6	SPESIALFONDET BOREA UTBYTTE	236,851	1.91%	Ordinary	NOR
7	KOMMUNAL LANDSPENSJONSKASSE GJENSI	187,091	1.51%	Ordinary	NOR
8	THE BANK OF NEW YORK MELLON SA/NV	130,548	1.05%	Nominee	BEL
9	NORDEA BANKABP	120,000	0.97%	Ordinary	FIN
10	BKK PENSJONSKASSE	74,000	0.60%	Ordinary	NOR
11	FORETAKSKONSULENTER AS	65,043	0.53%	Ordinary	NOR
12	J.P. MORGAN SE	52,000	0.42%	Nominee	LUX
13	HAUSTA INVESTOR AS	47,530	0.38%	Ordinary	NOR
14	MP PENSJON PK	45,292	0.37%	Ordinary	NOR
15	MELESIO INVEST AS	44,830	0.36%	Ordinary	NOR
16	CATILINA INVEST AS	40,441	0.33%	Ordinary	NOR
17	WIKBORG TORD GEIR	37,956	0.31%	Ordinary	NOR
18	ESPEDAL & CO AS	34,241	0.28%	Ordinary	NOR
19	FORSVARETS PERSONELLSERVICE	32,217	0.26%	Ordinary	NOR
20	STAVANGER KOMMUNE	30,954	0.25%	Ordinary	NOR
	Total top 20 shareholders	11,269,104	90.96%
	Other shareholders	1,119,456	9.04%
	Total	12,388,560	100.00%