Magnora ASA

AGM Information • Apr 28, 2015

SEVAN MARINE ASA: Notice of Annual General Meeting

SEVAN MARINE ASA: Notice of Annual General Meeting

The Board of Directors of Sevan Marine ASA has

convened the Annual General Meeting in Sevan Marine

ASA on Thursday 21 May 2015, at 09:00 a.m. (CET) at

the Company's offices in Verkstedveien 3, 0277 Oslo,

Norway.

Attached as appendices to this announcement are (in

Norwegian and translation into English):

- Notice of the Annual General Meeting

- Attendance form and power of attorney

- The Board of Directors' proposal for the

resolutions to be passed

- Proposal from the Nomination Committee

- Statement from the Board of Directors regarding

determination of salary and other benefits for

Senior Management

- Information to the shareholders regarding the

Annual General Meeting

The documents are also available at the web site of

Sevan Marine ASA; www.sevanmarine.com.

***

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:

Marit Ytreeide, Press Contact (Media)

+47 901 28 308 mobile

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