QUARTERLY REPORT 3Q2014

Please find enclosed financial report for the third
quarter 2014 for Reach Subsea ASA (REACH). Further,
please find Attached a presentation that will be
given 25.11.2014.

REACH has in the 3rd quarter achieved a total
revenue of NOK 101.8 million and an EBITDA of NOK
11.2 million (11 %). Profit after tax is NOK 7.5
million.

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