New contracts awarded

Solstad Farstad ASA ("SOFF") is pleased to announce that Equinor has declared
their option to extend the present contract for the AHTS "Normand Ferking"
(2007, VS-490) with one year. Meaning that the vessels contract is firm with
Equinor till September 2019.

In addition, a major oil company in Brunei has awarded SolstadFarstad a contract
for the AHTS "Far Scimitar" (2008, UT712 L) to support their drilling
operations. The contract will commence early July 2018 for a firm period of 4
months plus 4 x 1 month options.

Skudeneshavn, June 26th, 2018

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

Solstad FarstadĀ ASA
www.solstadfarstad.com

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