Annual Report 2009 for Lighthouse Caledonia ASA

Reference is made to the announcement made by the Company on 23 March 2010 regarding the notification of preliminary decision received from Finanstilsynet in respect to the 2008 annual report, reports www.megafishnet.com with reference to Lighthouse Caledonia ASA.

The Company has decided that it is the best interest of the stakeholders to apply the views of Finanstilsynet and to restate the 2008 accounts under the pooling method to account for the 2007 business combinations when the Company was formed.  This has no impact on the Company's earnings and cash flow for 2009.