Mandatory notification of trade in connection with buy-back programme

On 17 October 2013, Solstad Offshore ASA
(the "Company") purchased 512 treasury shares. The
average price paid per share was NOK 113.0000.

The transaction is part of the buy-back program of up
to 385,000 treasury shares announced by the Company
on 29 August 2013. Following the transaction, Solstad
Offshore ASA holds a total of 93,837 treasury shares,
representing 0.24% of the outstanding capital in the
Company.

This information is subject of the disclosure
requirements pursuant to section 5-12 of the
Norwegian Securities Trading Act.