Magnora ASA

Report Publication Announcement • May 25, 2016

SEVAN MARINE ASA: Presentation Materials First Quarter 2016

SEVAN MARINE ASA: Presentation Materials First Quarter 2016

Please find attached the presentation materials for

the presentation of the First Quarter 2016 results to

be given today.

The presentation will also be broadcasted LIVE on

www.sevanmarine.com. It is recommended that you log on

to the webcast 5 minutes in advance of the

presentation.

If you wish to call-in to listen to the presentation,

please find the call-in details attached.

* * * * * *

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.

For more information please contact:

Carl Lieungh, CEO, Sevan Marine ASA (Media)

+47 37 40 40 00 office

Reese McNeel, CFO, Sevan Marine ASA (Analysts)

+47 37 40 40 00 office