Mandatory notification of trade

23.01.2001

In connection with the allocation of share options to employees announced earlier today, the following primary insiders were granted:



Ola Lorentzon 18,000 share options; new holding 68,000 share options

Kate Blankenship 9,000 share options, new holding 33,000 share options

Tom E. Jebsen 7,500 share options, new holding 27,500 share options





Hamilton, Bermuda,

January 22, 2001