OCEANTEAM ASA - CONCLUDES PARTIAL SALE OF TREASURY SHARES

Today, Oceanteam ASA has sold 24.248 treasury shares at a price of NOK 1.60 per
share and 900 treasury shares at a price of NOK 1.67 per share. Following the
sale, Oceanteam holds 2.934.176 treasury shares.



About Oceanteam ASA

The Company is comprised of two operating segments, Oceanteam Shipping and
Oceanteam Solutions. Oceanteam Shipping owns, charters and manages deep-water
offshore support vessels and fast support vessels. Oceanteam Solutions' focus is
to provide its clients with complete offshore solutions. Oceanteam ASA has been
active in the industry as an offshore solutions provider for over twelve years.

For more information: www.oceanteam.no

For further information about Oceanteam ASA please contact:

CEO Haico Halbesma: +31 20 53 57 570, haico@oceanteam.no

CFO Jos van Dijk: +31 20 53 57 570, jos@oceanteam.nl


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