Contracts for Platform Supply Vessels (PSV)

Solstad Offshore (SOFF) has been awarded new contracts and
contract extensions for several of the company's PSV's. The
contracts will commence in May/June - 17, and consist of a
combined total of ca 500 vessel days which are split
between the vessels "Normand Flipper", "Normand
Aurora", "Normand Skude" and "Normand Naley".

The commercial terms of the contracts are confidential
between the parties.

Skudeneshavn, 24 May 2017
Solstad Offshore ASA
Contacts: Lars Peder Solstad (Phone: +47 91 31 85 85 )

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