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IR Contact

Rolf Roverud
Group CEO
Tel.:+47 51 86 94 00
Mob.:+47 911 67 581
E-mail:rolf.roverud@scana.no

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Company Information

IR - Scana Industrier
ISIN NO0003053308
Org. number 928613941
Ticker SCI
ExchangeOslo Stock Exchange
Round lot1
Nom. value1.25
Outstanding shares287,870,000
Market cap607,410,000

Scana Industrier share capital is NOK 209,839,062.5 with 167,871,250 outstanding shares with a face value of NOK 1.25

Reporting calendar

The following dates have been set for the company’s financial reporting in 2011:
4th Q 2010: Feb 14'th 2011
1st Q 2011: May 9'th 2011
2nd Q 2011: Aug. 15'th 2011
3rd Q 2011: Oct. 24'th 2011

 

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Latest reports

Annual Report 2010

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Annual accounts 2010

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Stock Exchange Notices

09.02.12 20:30: Scana Industrier ASA, Mandatory Notification of Trade

Scana Industrier ASA, Mandatory Notification of Trade

Financial Reports

Mr. Frode Alhaug, Chairman of the Board of Scana Industrier ASA, has on 9(th)
February 2012 sold 500,000 shares in Scana Industrier at a price of NOK 2.20.
The shares are sold from Fama Invest AS which is owned 50% by Frode Alhaug.

Following this transaction Fama Invest AS owns 17,785,966 shares in Scana
Industrier ASA.


Contact person:
Mr. Kjetil Flesjå, CFO Scana Industrier ASA, Mobile: +47 900 41 213
Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 911 67 581



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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1584325]
08.02.12 11:43: Scana Industrier ASA - Presentation of 4th quarter and preliminary year end 2011 results

Scana Industrier ASA - Presentation of 4th quarter and preliminary year end 2011 results

Financial Reports

Scana Industrier ASA will present the 4(th) quarter and preliminary 2011 results
on Tuesday 14(th) February 2012 at 17:30 hrs at Radisson Atlantic Hotel in
Stavanger and on Wednesday 15(th) February at 08:00 hrs at Hotel Continental,
Oslo.

A web-cast of the presentation (Norwegian) and the presentation material will be
available on Scanas home page (www.scana.no) by the end of Friday 17(th)
February.



For further information please contact:
Rolf Roverud, CEO Scana Industrier ASA, mobile +47 911 67 581, e-mail:
rolf.roverud@scana.no
Kjetil Flesjå, CFO Scana Industrier ASA, mobile +47 900 41 213, e-mail:
kjetil.flesja@scana.no


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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1583683]
07.02.12 08:34: Scana Industrier ASA - Mandatory notification of trade in connection with the Rights Issue

Scana Industrier ASA - Mandatory notification of trade in connection with the Rights Issue

Financial Reports

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITEDSTATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.

Stavanger, 7 February 2012: Reference is made to the Rights Issue in Scana
Industrier ASA (the "Company").

Frode Alhaug, Chairman of the board, has been allocated 5 600 000 new shares in
the Rights Issue through his ownership in Fama Invest AS. Following the Rights
Issue Fama Invest AS holds 18 285 966 shares in the Company.

John Arild Ertvaag, Board member, has been allocated 15 162 030 new shares in
the Rights Issue through his ownership in Camar AS. Following the Rights Issue
Camar AS holds 33 011 695 shares in the Company. John Arild Ertvaag and related
parties jointly holds 33 034 305 shares in the Company following the Rights
Issue.

Knut Øgreid, Board member, has been allocated 13 152 130 new shares in the
Rights Issue through his ownership in Verket Finans AS. Following the Rights
Issue Verket Finans AS holds 31 538 615 shares in the Company.

Per Ravnestad, Board member, has been allocated 3 384 752 new shares in the
Rights Issue through his ownership in International Oilfield Services AS and
Panda AS. Following the Rights Issue International Oilfield Services AS and
Panda AS holds 7 369 496 shares in the Company.

Sindre Ertvaag, Consultant, has been allocated 21 634 new shares in the Rights
Issue through his ownership in Sincap AS and now holds 47 105 shares in the
Company.

Rolf Roverud, CEO, has been allocated 348 263 new shares in the Rights Issue and
now holds 758 263 shares and 150,000 options to shares in the Company.

Kjetil Flesjå, CFO, has been allocated 67 952 new shares in the Rights Issue and
now holds 147 952 shares and 35,000 options to shares in the Company.

Jan Henry Melhus, Group Director, has been allocated 75 108 new shares in the
Rights Issue and now holds 180 108 shares and 70,000 options to shares in the
Company.

Inge Kvalvik, Senior Consultant, has been allocated 82 996 new shares in the
Rights Issue and now holds 199 024 shares in the Company.

Terje Egeland, Commercial Manager, has been allocated 127 413 new shares in the
Rights Issue through his ownership in Miglia AS and now holds 277 413 shares in
the Company.

Torunn Hognestad, Administrative Secretary, has been allocated 2 943 new shares
in the Rights Issue and now holds 6 410 shares in the Company.


All shares are subscribed for at a subscription price of NOK 1.25 per share.


Contact persons
Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 911 67 581
Mr. Kjetil Flesjå, CFO Scana Industrier ASA, Mobile: +47 900 41 213




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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1583202]
07.02.12 08:14: SCANA INDUSTRIER ASA: EXPIRY OF SUBSCRIPTION PERIOD IN RIGHTS ISSUE

SCANA INDUSTRIER ASA: EXPIRY OF SUBSCRIPTION PERIOD IN RIGHTS ISSUE

Financial Reports

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
CANADA, AUSTRALIA, SINGAPORE, SOUTH AFRICA, SWITZERLAND, JAPAN OR HONG KONG

The subscription period in the rights issue in Scana Industrier ASA ("Scana" or
the "Company") expired at 17:30 (CET) on 3 February 2012. At the end of the
subscription period, Scana had received subscriptions for a total of
155 760 051 new shares. 120 000 000 new shares were offered, and the rights
issue was consequently oversubscribed by approximately 30% per cent.

In a board meeting on 6( )February 2012, the Board of Directors of Scana
approved the final allocation of the shares offered in the rights issue based on
the allocation criteria set out in the prospectus dated 18 January 2012. A total
of 120 000 000 new shares have been allocated. Approximately 113 million new
shares have been allocated to subscribers on the basis of exercised subscription
rights. Approximately 7 million new shares have been allocated to holders of
subscription rights as a result of oversubscription. No allocation has been made
to subscribers without subscription rights.

Letters giving notification of allocated new shares and the corresponding
subscription amount to be paid by each subscriber are expected to be distributed
from the manager today. Payment for the allocated shares falls due on 10
February 2012 in accordance with the payment procedures described in the
prospectus.

The new shares may not be transferred or traded before they are fully paid and
the share capital increase pertaining to the rights issue has been registered
with the Norwegian Register of Business Enterprises. It is expected that the
share capital increase will be registered in the Norwegian Register of Business
Enterprises on or about 15 February 2012 and that the new shares will be
transferred to the VPS accounts of the subscribers and admitted to trading on
the Oslo Stock Exchange on the same day.

Through the rights issue, Scana will receive proceeds of NOK 150 000 000 before
the deduction of transaction costs. The Company\'s general meeting resolved on 9
January 2012 to increase the share capital of the Company by NOK 150 000 000
through the issue of 120 000 000 new shares in the rights issue. Following
registration of the share capital increase in the Norwegian Register of Business
Enterprises, the Company\'s share capital will be NOK 359,839,062.50, divided
into 287,871,250 shares, each with a nominal value of NOK 1.25.

Scana has engaged Handelsbanken Capital Markets as manager in the rights issue.

For further information, please contact:
Rolf Roverud, CEO Scana Industrier ASA, mobil: +47 911 67 581
Kjetil Flesjå, CFO Scana Industrier ASA, mobil: +47 900 41 213


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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1583195]
02.02.12 13:44: Scana Industrier - Subscription of shares by primary insiders in connection with the rights issue

Scana Industrier - Subscription of shares by primary insiders in connection with the rights issue

Financial Reports

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITEDSTATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.

Stavanger, 2 February 2012: Reference is made to the ongoing Rights Issue in
Scana Industrier ASA (Ticker: "SCI") announced on 15 December 2011. The
following primary insider transactions have been undertaken on 2 February 2012:

Rolf Roverud, CEO, has subscribed for 590,000 new shares. Of the aggregate
subscription, 293,279 were subscribed for based on allotted subscription rights,
whereas 296,721 represents  oversubscription. On the basis of the subscription
based on allotted rights, Rolf Roverud will have a minimum of 703,279 shares in
Scana Industrier ASA following the rights issue.

Kjetil Flesjå, CFO, has subscribed for 250,000 new shares. Of the aggregate
subscription, 57,225 were subscribed for based on allotted subscription rights,
whereas 192,775 represents  oversubscription. On the basis of the subscription
based on allotted rights, Kjetil Flesjå will have a minimum of 137,225 shares in
Scana Industrier ASA following the rights issue.

Jan Henry Melhus, Group Director, has subscribed for 75,108 new shares based on
the allotted rights. On the basis of the subscription, Jan Henry Melhus will
have a total of 180,108 shares in Scana Industrier ASA following the rights
issue.

Inge Kvalvik, Senior Advisor, has subscribed for 82,996 new shares through his
ownership in Inge Kvalvik AS based on the allotted rights. On the basis of the
subscription, Inge Kvalvik AS will have a total of 199,024 shares in Scana
Industrier ASA following the rights issue.

Terje Egeland, Commercial Manager, has subscribed for 500,000 new shares through
his ownership in Miglia AS. Of the aggregate subscription, 107,297 were
subscribed for based on allotted subscription rights, whereas 392,703 represent
oversubscription. On the basis of the subscription based on allotted rights,
Miglia AS will have a minimum of 257,297 shares in Scana Industrier ASA
following the rights issue.

Torunn Hognestad, Administration Secretary, has subscribed for 6,533 new shares.
Of the aggregate subscription, 2,479 were subscribed for based on allotted
subscription rights, whereas 4,054 represents oversubscription. On the basis of
the subscription based on allotted rights, Torunn Hognestad will have a minimum
of 5,946 shares in Scana Industrier ASA following the rights issue.


All shares are subscribed for at a subscription price of NOK 1.25 per share. The
subscribers have the right to increase their subscription within the
subscription period.

The allotment of potential oversubscription by primary insiders will be made on
or about 6 February 2012, and will subsequently be announced.



Contact persons
Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 911 67 581
Mr. Kjetil Flesjå, CFO Scana Industrier ASA, Mobile: +47 900 41 213


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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1582172]
24.01.12 08:45: Scana Industrier - Subscription of shares by primary insiders in connection with the rights issue

Scana Industrier - Subscription of shares by primary insiders in connection with the rights issue

Financial Reports

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITEDSTATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.

Stavanger, 24 January 2012: Reference is made to the ongoing Rights Issue in
Scana Industrier ASA (Ticker: "SCI") announced on 15 December 2011. The
following primary insider transactions have been undertaken on 23 January 2012:

Knut Øgreid, Board Member, has subscribed to 13,152,130 new shares through his
ownership in Verket Finans AS. On the basis of the subscription of the allotted
rights, Verket Finans AS will have a total of 31,538,615 shares in Scana
Industrier ASA following the rights issue.

John Arild Ertvaag, Board Member, has subscribed to 12,768,134 new shares
through his ownership in Camar AS. On the basis of the subscription of the
allotted rights, Camar AS will have a total of 30,617,799 shares in Scana
Industrier ASA following the rights issue.

Frode Alhaug, Chairman of the Board, has subscribed to 5,600,000 new shares
through his ownership in Fama Invest AS. On the basis of the subscription of the
allotted rights, Fama Invest AS will have a total of 18,285,966 shares in Scana
Industrier ASA following the rights issue.

Per Ravnestad, Board Member, has subscribed to 4 163 460 new shares through his
ownership in Internatonal Oilfield Services AS and Panda AS. Of the aggregate
subscription, 2,850,347 was subscribed for based on allotted subscription
rights, whereas 1,313,113 represents oversubscription. On the basis of the
subscription of the allotted rights, Internatonal Oilfield Services AS/Panda AS
will have a minimum of 6,835,091 shares in Scana Industrier ASA following the
rights issue.

All shares are subscribed for at a subscription price of NOK 1.25 per share. The
subscribers have the right to increase their subscription within the
subscription period.

The allotment of potential oversubscription by primary insiders will be made on
or about 6 February 2012, and will subsequently be announced.



Contact persons
Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 911 67 581
Mr. Kjetil Flesjå, CFO Scana Industrier ASA, Mobile: +47 900 41 213


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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1579644]
19.01.12 08:45: SCANA HAS RECEIVED THE APPROVAL OF THE PROSPECTUS COVERING THE RIGHTS ISSUE OF UP TO 120,000,000 OFFER SHARES

SCANA HAS RECEIVED THE APPROVAL OF THE PROSPECTUS COVERING THE RIGHTS ISSUE OF UP TO 120,000,000 OFFER SHARES

Financial Reports

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITEDSTATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.

Scana Industrier ASA (Ticker: "SCI") has received the Financial Supervisory
Authority of Norway\'s approval of the prospectus covering the Rights Issue of up
to 120,000,000 Offer Shares in Scana Industrier ASA of par value NOK 1.25, at a
subscription price of NOK 1.25 per Offer Share.

Scana Industrier ASA\'s shareholders per 9 January 2012, as recorded in the
shareholder register in VPS on 12 January 2012, who may lawfully participate in
the Rights Issue, will have preferential rights for subscription of shares.

Subscription Period from and including 23 January 2012 to 17:30 CET on 3
February 2012.

Expected listing of the shares on the Oslo Stock Exchange is on or about 15
February 2012.

Subscription Rights not used to subscribe for Offer Shares will lapse without
compensation to the holder, and consequently be of zero value.

Managers for the transaction are Handelsbanken Capital Markets.

For further information on the offering please refer to the prospectus.

The prospectus will be available on the following website from 20 January 2012:
www.scana.no/rightsissue.

The prospectus is also available in paper format free of charge at the offices
of the company on Scana Industrier ASA (Strandkaien 2, N-4004 Stavanger, Norway)
and at the offices of Handelsbanken Capital Markets (Business Support,
Tjuvholmen allé 11, P.O. Box 1249 Vika, NO-0110 Oslo, Norway).


For further information please contact:
Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 911 67 581
Mr. Kjetil Flesjå, CFO Scana Industrier ASA, Mobile: +47 900 41 213



About Scana Industrier
Scana Industrier ASA is a Nordic industrial group providing products and system
solutions to three market segments: Marine, Energy and Steel & Machinery. Scana
also provides services, as well as maintenance and repairs for customers in the
marine market and oil & gas.

Scana\'s technology, unique expertise in engineering materials and extensive
production experience form the basis of our competitive power. Our aim is to be
the preferred supplier for leading companies within our market segments. The
majority of Scana\'s customers are in Europe, Amercias and South East Asia.

The Group has companies in Norway, Sweden, China, USA, Poland, Singapore, Brazil
and South Korea, as well as associated companies in a number of countries. Scana
has more than 1,800 employees. The head office is in Stavanger, Norway.




This information is subject of the disclosure requirements acc. to §5-12 vphl
(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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1578550]
13.01.12 08:45: Scana has signed new frame agreements for the marine business

Scana has signed new frame agreements for the marine business

Financial Reports

Scana Industrier ASA, has through its subsidiary Scana Steel Björneborg, signed
frame agreements with several customers regarding supply of forgings to a total
value of 65 MSEK for 2012.

These frame agreements come in addition to the 75 MSEK/year agreement with
Rolls-Royce announced yesterday. The agreements put Scana into a unique position
as a supplier of forgings for the marine business where long and slender
products are required.

The agreements will also include machining activities for some of the customers.
The total value for the 2012 agreements is approximate 10% higher compared with
2011.



For further information please contact:
Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 91 16 75 81
Mr. Ingvar Winbo, Managing Director, Scana Steel Björneborg AB, Mobile:
+46 70 509 75 20
Mr. Jan Henry Melhus, Group director Scana Industrier ASA, Mobile:
+47 901 67 010

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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1577040]
12.01.12 09:57: Scana signs a three years supply agreement with Rolls Royce

Scana signs a three years supply agreement with Rolls Royce

Financial Reports

Scana Industrier ASA, has through its subsidiaries Scana Steel Björneborg, Scana
Steel Söderfors and Scana Machining, signed a three years supply agreement with
Rolls-Royce. The frame agreement put Scana into a unique position as one of the
key suppliers of Rolls-Royce.

The agreement includes supply of forgings for Controllable Pitch Propellers
(CPP) and Fixed Pitch propellers (FPP) shaft lines during 2012-2014. Scana will
also provide installation of piping, liner, composite - and welded cladding. The
agreement covers the supply of propeller shafts and intermediate shafts for
different types of vessels. The scope of work also includes all machining
activities beyond previous supply of forgings for Rolls-Royce. The value of the
contract is approximately 75 MSEK yearly.

Rolls-Royce is committed to the marine market and maintaining its world leading
position in the design, development, supply and support of products and systems
for the commercial and naval customers worldwide.

-Scana has a long history as a supplier to Rolls-Royce, who requires very high
quality forged shafts for their product application. Therefore Scana sees this
long term cooperation and the new supply agreement as recognition that Scana is
a world class supplier for the marine industry. This contract fit our strategy
to become a partner to our customers and an integrated part of their value
chain, Rolf Roverud, CEO Scana Industrier ASA, says.



For further information please contact:
Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 91 16 75 81
Mr. Ingvar Winbo, Managing Director, Scana Steel Björneborg AB, Phone
+46 550 251 00
Mr. Jan Henry Melhus, Group director Scana Industrier ASA, Mobile:
+47 901 67 010

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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

[HUG#1577031]
09.01.12 19:41: SCANA INDUSTRIER ASA - EXTRAORDINARY GENERAL MEETING HELD 9TH JANUARY 2012

SCANA INDUSTRIER ASA - EXTRAORDINARY GENERAL MEETING HELD 9TH JANUARY 2012

Financial Reports

An Extraordinary General Meeting of the shareholders of Scana Industrier ASA
("Scana" or the "Company") was held on 9(th) January 2012 at 17:30 CET at
Radisson SAS Atlantic Hotel, Stavanger.


The minutes from the Extraordinary General Meeting recording the resolutions
made are enclosed hereto, and are also available on Scana\'s website at
www.scana.no. The minutes are in Norwegian only.

As recorded in the minutes, the Extraordinary General Meeting adopted the
resolutions proposed by the board as set forth in the notice, however, so that
the strike price under the Company\'s senior management option program was re-
priced to a value equal to the closing price on the Oslo Stock Exchange on 9
January 2012, NOK 2.25.

In accordance with the proposal from the election committee announced 28
December 2011, the following new board members were elected: Knut Øgreid, Per
Ravnestad and Kristin Malonæs, replacing Bjørn Dahle. The new board members were
elected for the period up to the Ordinary General Meeting in 2014.

The Rights Issue resolved by the Extraordinary General Meeting is, subject to
certain conditions, fully guaranteed by eight of the Company\'s largest
shareholders, including Verket Finans AS (Board member Knut Øgreid), Camar AS
(Board member John Arild Ertvaag), FAMA Invest AS (Chairman of the Board Frode
Alhaug), Best Invest AS/Høiland Holding AS, International Oilfield Services
AS/Panda AS (Board member Per Ravnestad),BD Trading AS and two other
shareholders. The guarantors have committed to subscribe for their respective
ownership proportions (covering approximately 54.6 % of the total Rights Issue),
on the first day of the subscription period (i.e. tentatively 23 January 2012).


For further information please contact:
Mr. Rolf Roverud, CEO Scana Industrier ASA, Mobile: +47 911 67 581
Mr. Kjetil Flesjå, CFO Scana Industrier ASA, Mobile: +47 900 41 213



About Scana Industrier

Scana Industrier ASA is a Nordic industrial group providing products and system
solutions to three market segments: Marine, Energy and Steel & Machinery. Scana
also provides services, as well as maintenance and repairs for customers in the
marine market and oil & gas.

Scana\'s technology, unique expertise in engineering materials and extensive
production experience form the basis of our competitive power. Our aim is to be
the preferred supplier for leading companies within our market segments. The
majority of Scana\'s customers are in Europe, Amercias and South East Asia.

The group has companies in Norway, Sweden, China, USA, Poland, Singapore, Brazil
and South Korea, as well as associated companies in a number of countries. Scana
has more than 1,700 employees. The head office is in Stavanger, Norway.



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



Vedtekter SI ASA_20120109:
http://hugin.info/130/R/1576186/491182.pdf

Protokoll_EGF_20120109_Signed:
http://hugin.info/130/R/1576186/491181.pdf

Deltakere_EGF_20120109:
http://hugin.info/130/R/1576186/491183.pdf




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 the information contained therein.

Source: Scana Industrier asa via Thomson Reuters ONE

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