Highlights Q1 2018 - Adjusted net revenue of 314 NOKm, representing a 16% YoY growth. - 13% YoY increase in volume sold due to growth in number of deliveries and colder than normal weather. - Adjusted EBIT of 146 NOKm, up 3% YoY. - Positive organic growth in all segments. - The acquisition of TrønderEnergi Marked was completed 18th April. The results will be presented at 08:30 CEST by CEO Rolf Barmen and CFO Birte Strander. The presentation will take place at Felix Konferansesenter, Bryggetorget 3, 0125 Oslo. The presentation will be held in English and will be webcasted at investor.fjordkraft.no. For further queries, please contact: Morten A. W. Opdal, Investor Relations, +47 970 62 526 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act

We hereby invite you to participate at the presentation of Fjordkraft Holding ASA's Q1 2018 report on Tuesday 8 May 2018. Release: Time: Tuesday 8 May 2018 at 07.00 CEST Interim report and presentation material will be released and made available on the investor relations pages at https://investor.fjordkraft.no/ Results Presentation: Time: Tuesday 8 May 2018 at 08.30 CEST Location: Felix Konferansesenter, Bryggetorget 3, 0125 Oslo The presentation will be webcasted live at: http://webtv.hegnar.no/presentation.php?webcastId=82821532 The presentation will be held in English. The presentation will be held by CEO Rolf Barmen and CFO Birte Strander. A recording of the presentation will be available on our web site shortly after the live webcast has ended. For further information, please contact: Morten A. W. Opdal, Head of Investor Relations, +47 970 62 526 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Reference is made to notice of today regarding end of stabilisation following the initial public offering (the "IPO") and listing of shares in Fjordkraft Holding ASA ("Fjordkraft") and exercise by ABG Sundal Collier ASA (as stabilisation manager) of its option to acquire, as described in the prospectus for the IPO and the stabilization and over-allotment option notice of 21 March 2018, a total of 2,646,181 shares in Fjordkraft from BKK AS and Skagerak Energi AS at the IPO price of NOK 31.00 per share. Of these shares, BKK AS has sold 1,334,725 shares and retains 31,607,498 shares in Fjordkraft, representing 30.25% of the outstanding shares. Skagerak Energi AS has sold 1,311,456 shares and retains 31,056,456 shares in Fjordkraft, representing 29.72% of the outstanding shares. BKK AS and Skagerak Energi AS are represented on the board of directors of Fjordkraft Holding ASA. For further queries, please contact: Jeanne Tjomsland, Head of Communications +47 957 61 644 jeanne.tjomsland@fjordkraft.no