FINAL ACCOUNTS 2012

At its meeting on 15. April 2013, the Board of
Directors of Solstad Offshore ASA (SOFF) approved the
final annual report and accounts for 2012.

The ordinary result for the Group for 2012 was NOK
397 mill, which is an improvement of NOK 22 mill
compared to the preliminary result announced 26.
February 2013. The difference is mainly due to
calculation of deferred tax.

The annual general meeting is scheduled to Tuesday
14. May 2013 in the company's offices in
Skudeneshavn. Summoning, annual report and agenda
will be published through Oslo Børs and on
www.solstad.no within 23. April 2013. The summoning
will also be sent by post.

Proposed dividend from SOFF is NOK 2,50 per share
(38.687.377 shares) for payment 7. June 2013.
Provided that the General Meeting adopts the
proposal, the share will be traded exclusive of
dividend as from 15 May 2013.

Skudeneshavn, 15. April 2013
Solstad Offshore ASA

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