MANDATORY NOTIFICATION OF TRADE

Per Stange, a primary insider in Solstad Offshore ASA
(SOFF), has acquired a total of 6.000 shares in SOFF
at a price of NOK 11,30 per share.

Per Stange owns after this a total of 6.850 shares in
Solstad Offshore ASA.

Skudeneshavn, 31. May 2016

This information is subject of the disclosure
requirements acc. to ยง5-12 vphl (Norwegian Securities
Trading Act)