Extension of Contract with TechnipFMC

Solstad Farstad ASA (SOFF) and TechnipFMC have agreed to extend the Frame
Agreement covering the provision of vessels for ploughing and trenching
operations for one year. The Frame Agreement is now valid until 31st December
2019.

"We have been working closely with TechnipFMC since 1997 and are excited that
they once again have trusted us to continue the delivery of high powered vessels
to support their ploughing and trenching operations." says Hans Knut Skår, EVP -
Subsea Constructions & Renewable of Solstad Farstad ASA.

Skudeneshavn, March 12th 2018

Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Anders Hall Jomaas CFO, at +47 40 04 29 18

Solstad Farstad ASA
www.solstadfarstad.com

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