New contracts

Solstad Offshore ASA (SOFF) has extended its contract
with BG Tunisia for hire of SOFF's anchor handling
vessel (AHTS) "Nor Star". The duration of the new
contract is 2 years firm and with one yearly option.

SOFF has extended its contract with Efadco Petrolcum
Services Co for hire of SOFF's AHTS "Nor Chief". The
duration of the new contract is 8 months firm
starting January 2014, and with one yearly option.

The new contracts will commence in direct extension
on the current charter agreement.

Furthermore Anadarko has declared a 3 months option
for rental of AHTS Nor Tigerfish and «Nor Captain»
is contracted to Benthic Geotech Pty for a shorter
period in Australia, both commencing during August
2013.

Total value of the firm part of these contracts is
approximately NOK 135 mill.

Skudeneshavn, 22. July 2013

Solstad Offshore ASA

Contact person: 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)