Magnora ASA

Report Publication Announcement • May 18, 2017

Sevan Marine ASA: Invitation to conference call for first quarter 2017 financial results

Sevan Marine ASA: Invitation to conference call for first quarter 2017 financial results

Sevan Marine is scheduled to release its first quarter 2017

financial results on 23 May 2017. A conference call for

investors, analysts and other interested parties will be

hosted by CEO Reese McNeel the same day at 10:00 CET (Oslo

time). Presentation material that will be used during the

call will be available at www.sevanmarine.com from 08:00 CET.

A Q&A session will follow the presentation and information

on how to submit questions to management will be given at

the beginning of the Q&A session. To participate to the

management presentation of the results, please dial in 5-10

minutes prior to the start time using the numbers and

confirmation code below.

Call in numbers:

Norway: +47 2100 2610

International/UK dial in: +44 (0)330 336 9105

The participants will be asked for their name, company and

confirmation code. The Sevan Marine confirmation code is:

4167505

For more information please contact:

Reese McNeel, CEO, Sevan Marine ASA

reese.mcneel@sevanmarine.com

+47 415 08 186

* * * * *

The information in this announcement is subject to the

disclosure requirements of the Norwegian Securities Trading

Act section 5-12 and/or the Oslo Børs - Continuing

Obligations.

Sevan Marine ASA is specializing in design, engineering and

project execution of floating units for offshore

applications, based on its patented cylindrical floater

technology. Sevan Marine ASA is listed on Oslo Børs with

ticker SEVAN. For more information, please refer to

www.sevanmarine.com.