Pareto World Wide Offshore AS - Pareto Project Finance

Price per shareVolume (Thousand NOK)Second Hand Market and Share LiquidityAs of 30.06.2012 PWWO had 4.37m shares outstanding. Pareto Project Finance AS (”PPF”) strives tofacilitate an active second hand market for shares. The last implicit trading price in PWWO was NOK125 per share (based on the last transaction price in POK of NOK 57 per share and before therepayment of NOK 12 per share on 29 th June 2012). Investors who wish to buy or sell shares shouldcontact their advisors.POKAs of 30.06.2012 POK had 5.46m shares outstanding.The last trading price in POK was NOK 57 per share andthe previous five trades are displayed in the tablebelow. Second hand prices have increased steadily overthe last few months, as can be seen from the graphbelow (red dots). No trades have been made sincePOK/PWWO made capital repayments to theirshareholders. Investors who wish to buy or sell sharesshould contact their advisors.DateShare price No. of shares Volume (NOK)19/06/12 57 2,716 154,81219/06/12 57 980 55,86012/06/12 56 3,921 219,57607/06/12 55 1,103 60,66507/06/12 55 897 49,335Number of trades since startup: 418Volume traded since startup (NOK): 73,501,292Average volume per trade (NOK): 175,840200175150125Pareto Offshorekapital ASA - Second Hand TradesVolume tradedNav per shareNAV per share (dividend adjusted)Second hand price per share10,0009,0008,0007,0006,0001005,0007550254,0003,0002,0001,000-Jun-07 Dec-07 Jun-08 Dec-08 Jun-09 Dec-09 Jun-10 Dec-10 Jun-11 Dec-11 Jun-12Date-