LIVORNO FSRU PROJECT - GOLAR FROST SALE

The book gain on the transaction will be approximately $78 million and net cash generated will be approximately $136 million after debt repayments of $95 million.

The cash will be used for new investments in LNG infrastructure projects as well as for capital expenditure in respect of existing projects and will also partly be used to increase dividends to shareholders.

Golar LNG Limited

Hamilton, Bermuda.

July 2, 2008.

Questions:

Graham Robjohns

Gary Smith

Golar Management (UK) Ltd

+44 (0) 207 517 8600

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