---

Denmark-based Global Risk Management has announced that it is moving office following a period of growth for the organization.

Commenting on the news, Hans Erik Christensen, Managing Director of Global Risk Management, said: "Global Risk Management is experiencing a solid period of growth which is why we are moving to larger office premises."

"With the move, we are fulfilling the need for extra space which will enable us to expand. In 2010 our Singapore branch moved to larger office premises - and now we have also outgrown our present location in Middelfart, Denmark."

"In these times of financial uncertainty, an increasing number of companies choose to secure their fuel oil budgets. Our flexible and customised hedging solutions apply to all companies which are exposed to oil price volatility. Hedging of the fuel oil price enables secure and predictable budgets", Christensen added.

Global Risk will be moving to its new address - located on the same road as its current office - from 1 February 2012. Contact details have been provided below.

A/S Global Risk Management Ltd.
Strandvejen 7
DK-5500 Middelfart, Denmark

Telephone and Fax numbers will remain unchanged and are as follows:

Tel: +45 8838 0000
Fax: +45 8838 0009