Updated: 18 January 2012

No. Shareholder No. of shares % of shares
1 FUGRO NORWAY AS  27,777,778 14.07
2 WARBURG PINCUSi 21,873,434 11.08
3 ODIN NORGE 7,755,424

3.93
4 ODIN OFFSHORE 6,670,518 3.38
5 SKAGEN GLOBAL 5,106,000 2.59
6 SKANDINAVISKA ENSKILDA BANKEN 4,027,007 2.04
7 JP MORGAN CLEARING CORP. 3,863,100 1.96
8 EURO TRANS SKIPS AS 3,559,444 1.80
9 SKAGEN VEKST 3,496,079 1.77
10 UBS AG, LONDON BRANCH 3,417,079 1.73
11 TVETERAAS EIENDOMSSELSKAP A/S 2,725,000 1.38
12 DNB NOR SMB  2,714,780 1.37
13 STATOIL PENSJON 2,604,560 1.32
14 JPMORGAN CHASE BANK 2,409,158 1.22
15 BLKRCK GLBL SMALLCAP FD 2,367,125 1.20
16 VPF NORDEA KAPITAL 2,221,763 1.13
17 BJARTE HENRY BRUHEIM 2,205,088 1.12
18 SUNDT AS 2,100,000 1.06
19 DELPHI NORGE 2,050,000 1.04
20 VERDIPAPIRFONDET DNB NAVIGATOR 1,934,801 0.98

iThe shares are collectively owned by the following affiliates of Warburg Pincus: Warburg Pincus Private Equity VIII, Warburg Pincus International, Warburg Pincus Netherlands, WP-WPVIII Investors L.LP., WP-WPIP Investors L.P.

Go to the overview of EMGS’ disclosures of large shareholdings on the Newsweb website.

           2,725,000