QUARTERLY REPORT 2Q2014

Please find enclosed financial report for the second
quarter and first half of 2014 for Reach Subsea ASA
(REACH).
REACH has in the 2nd quarter achieved a total revenue
of NOK 77.1 million and an EBITDA of NOK 10.9 million
(14.1 %). Profit after tax is NOK 6.9 million.

CEO and CFO will be available at Reach Subsea's stand
on ONS, Stavanger, Tuesday 26th August.

For further information, please contact
Birgitte W Johansen, CFO: +47 99 45 12 79