PEDER SMEDVIG CAPITAL FUND IV

The Peder Smedvig Capital Fund IV (LP 8478) hereby advises that Peder Smedvig Capital AS of Nedre Strangt. 33, PO Box 878, N-4004 Stavanger, Norway assigned its entire interest in the Peder Smedvig Capital Fund IV to Peder Smedvig Capital Venture IV AS of Nedre Strangt. 33, PO Box 878, N-4004 Stavanger, Norway by a Deed of Assignment dated 28 March 2003 pursuant to which Peder Smedvig Capital AS ceases to be a Limited Partner, and Peder Smedvig Capital Venture IV AS becomes a Limited Partner. For and on behalf of Peder Smedvig Capital Limited 31 March 2003.