Preem’s put options once more rolled into later contracts

Notice
2015-02-09

As described in a Notice dated 2015-01-12, in December Corral Petroleum Holdings (publ) purchased put options equivalent to approximately 11 million barrels of crude oil, with strike price 68USD/bbl and expiry on February 9, 2015.

In February the options have been sold and replaced by a portfolio of put options corresponding to approximately the same volume with maturity on March 11 and April 10 and with strike price ranging from 50 USD/bbl to 57 USD/bbl.

For further information, please contact:
Peder Zetterberg, Chief Financial Officer
Office: +46 10 450 1047
Email: peder.zetterberg@preem.se