FINANCIAL REPORT FOR THE 2nd QUARTER 2014

- Operating income for the second quarter was NOK 854
mil (NOK 872 million)
- Cash flow from operations (EBITDA) for the same
period was NOK 385 mil (NOK 409 million)
- Operating income for the first half of 2014 was NOK
1.680 million (NOK 1.670 million)
- EBITDA for the first half of 2014 was NOK 737
million (NOK 708 million)
- A repurchase program of own shares has been passed

There will be held a presentation of the 2nd quarter
results 2014, on Tuesday 19. August, 2014 at 08:00.
The presentation will take place at Rederiforbundet,
Rådhusgt. 25, 7th floor, Oslo.

Skudeneshavn, 19. August 2014

Solstad Offshore ASA

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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