New contract for delivery of design and equipment

Havyard Design &
Solutions AS has
entered into a major
offshore contract
for delivery of
design and equipment
for the construction
of a Havyard 832
"Multi-purpose
Vessel". The vessel
shall be built at
Cemre shipyard in
Turkey for the
Danish ship owner
Esvagt, and will be
in operation for the
American oil company
Hess. The contract
value is in excess
of NOK 100 millions.

Please find the
press release
attached.

For further
information, please
contact:
CEO, Havyard Group
ASA
Geir Johan Bakke
Mobile: (+47) 481 80
011

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