Morpol ASA : Morpol closes US sales office

                  Morpol ASA : Morpol closes US sales office

Morpol closes US sales office

Gdynia, 2^nd August ^2013

Following a strategic  review of  the Morpol sales  organisation, the  company 
announces today that the  US sales office, Morpol  America, will close on  the 
30^th of August 2013.

Morpol will revert  to servicing the  US market directly  from the main  sales 
office in Poland.

As a consequence of the closure, Morpol America's Managing Director, Tara Vail
will leave the Morpol Group.

"Morpol is very appreciative of Tara's contribution and the hard work she  has 
put in over the last  two years. We wish her  very well for the future,"  says 
John-Paul McGinley, Chief Executive Officer.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Morpol ASA via Thomson Reuters ONE
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