MANDATORY NOTIFICATION OF TRADE

Jakob Høines, a primary insider in Solstad Offshore
ASA (SOFF), has acquired a total of 3.125 shares in
SOFF at a price of NOK 16,00 per share.

Jakob Høines owns after this a total of 4.550 shares
in Solstad Offshore ASA.

Skudeneshavn, 18. March 2016

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