Scana Industrier ASA has through Scana Energy won a contract for riser system material supply

Scana Industrier ASA has been awarded contract to deliver machined riser
forgings through Scana Subsea AB. The high tensile forgings are intended for the
the Gulf of Mexico.

The total contract value is approx. 32 MSEK. The scope includes forging and
machining of riser joints in low alloyed steel. The contract is a strong
recognition of Scanas continued work in material and capability investment in
ultra long forgings in high tensile material grades for risers in ultra-deep
field developments.

Manufacturing is planned to start immediately and deliveries will commence from
third quarter 2016 to second quarter 2017. The contract will involve Scana Steel
Björneborg and Scana Subsea AB both owned by Scana Energy AB.

For further information please contact:
Mr. Bjørn Torkildsen, CEO Scana industrier ASA, Mobile +47 91 91 97 42
Mr. Leif Rosèn, Investment manager Scana Industrier ASA, Mobile: +46 703 304186
Mr. Peter Janson, Managing Director Scana Subsea AB, Phone: +46 550 25392
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



[HUG#1971442]