Live Nation Entertainment, the world’s leading live
entertainment company, today announces its acquisition of a majority stake in Bergen
Live. Bergen Live is a leading concert and festival promoter in Norway, putting
on headline acts at outdoor venues such as Bergenhus Festning, club events with
up and coming Norwegian artists, and Bergenfest (on behalf of the Bergen Music
Fest foundation) – one of the top Norwegian music festivals which takes place
in a medieval fortress. The company’s employees will continue their roles at Bergen
Live.

“Today marks the next step in the journey of Bergen Live which will further develop and strengthen the company’s position in the Norwegian market. We look forward to working with Rune and being a part of the team at Live Nation Norway, as well as the support and resources that come with this union,” said Frank Nes, CEO Bergen Live.

Live Nation Norway has worked with Bergen Live since their
inception in 2005 during which time both companies have made significant
contributions to the growth of the concert business in Bergen, Norway’s second
largest city.

“Bergen Live and Live Nation Norway have had a close
relationship since 2005. It is both exciting and natural that they today become
part of the Live Nation family,” said Senior Promoter Rune Lem, Live Nation
Norway.

Live Nation Norway is a leading promoter in Norway
working across club, arena and stadium concerts as well as festivals Tons of
Rock and Findings.

About Live Nation Entertainment
Live Nation Entertainment (NYSE: LYV) is the world’s leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. For additional information, visit www.livenationentertainment.com.

Live Nation Media Contact:
Jo Dipple
+44 (0)7796 937 160
Jo.Dipple@LiveNation.co.uk

Live Nation Investor Relations:
IR@livenation.com

Live Nation Norway Media Contact:
Rune Lem
23163260 / 48151421
rune@livenation.no

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