SOFF: CONTRACT AWARD FOR "NOR CAPTAIN"

Solstad Offshore ASA (SOFF) has been awarded a
contract with a consortium in Indonesia led by
Mitra / Titan Resources for the «Nor Captain»
(AHTS / 10.880 bhp / buildt 2007). The duration of
the contract is approximately 8 months firm and with
a further 18 months options. The new contract
commences immediately. Total value of the firm
contract is approximatly USD 4,5 million.

Skudeneshavn, 6th September 2012

Solstad Offshore ASA

Contact person: Lars Peder Solstad (Tlf. +47 52 85 65
00)
This information is subject of the disclosure
requirements acc. to §5-12 vphl (Norwegian Securities
Trading Act)