SOLSTAD OFFSHORE ASA - FINANCIAL REPORT FOR THE 2ND QUARTER 2012

- Operating income for the 2nd quarter was NOK 878
million, an increase of 29% compared to 2nd quarter
2011
- Cash flow from operations (EBITDA) in the same
period was NOK 397 million (NOK 210 million)
- Operating income for the first half of 2012 was NOK
1,666 million (NOK 1,352 million)
- EBITDA for the first half of 2012 was NOK 685
million (NOK 458 million)

There will be held a presentation of the 2nd quarter
results 2012, on Wedensday 29th August 2012 at 14:00.
The presentation will this time take place at the oil
and offshore conference «ONS 2012» in Stavanger at
the «Press Conference Room» in Hall A, 2nd floor.

Contacts: Lars Peder Solstad and Sven Stakkestad
(phone +47 52 85 65 00).

This information is subject of the disclosure
requirements acc. to §5-12 vphl (Norwegian Securities
Trading Act)

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