BONHEUR ASA OSL:BONHR:
SAID ON FRIDAY SUBSIDIARY FRED. OLSEN OCEAN HAS ENTERED INTO AGREEMENT WITH MEAG, ACTING ON BEHALF OF AFFILIATES OF MUNICH RE GROUP
AGREEMENT CONCERNS INVESTMENT OF EUR 150 MILLION IN FRED. OLSEN WINDCARRIER
TRANSACTION INCLUDES EUR 70 MLN FOR ACQUISITION OF EXISTING SHARES FROM FOO
TRANSACTION ALSO INCLUDES EUR 80 MLN FOR SUBSCRIPTION OF NEW SHARES IN FOWIC
FOLLOWING SECOND CLOSING, AFFILIATES OF MUNICH RE ARE EXPECTED TO HOLD ABOUT 24% OF FOWIC'S SHARE CAPITAL
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