Applications by primary insiders

18 October 2016

Reference is made to the stock exchange announcement
on 14 October 2016 made by Solstad Offshore ASA
("Solstad Offshore" or the "Company") regarding
distribution of allocation rights to certain primary
insiders in the Company.

The Company has on 18 October 2016 received
applications from the following primary insiders. The
primary insiders are guaranteed allocation up to the
number of allocation rights as stated below.

Name: Per Stange
Position: HR Director
Shareholding as of Record Date: 6,850
Allocation Rights: 1,062
Total shareholding after allocation: 7,912

Name: Tor Inge Dale
Position: CCO
Shareholding as of Record Date: 1,100
Allocation Rights: 170
Total shareholding after allocation: 1,270

Name: Jakob Høines
Position: QA Director
Shareholding as of Record Date: 4,550
Allocation Rights: 705
Total shareholding after allocation: 5,255


Skudeneshavn, 18 October 2016
Solstad Offshore ASA

Contacts: Lars Peder Solstad (CEO) and Sven Stakkestad
(deputy CEO), phone +47 52 85 65 00

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