Magnora ASA

Report Publication Announcement • May 21, 2014

SEVAN MARINE ASA: Presentation Materials First Quarter 2014

SEVAN MARINE ASA: Presentation Materials First Quarter 2014

Please find attached the presentation materials for the presentation of the

first quarter 2014 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:

Marit Ytreeide, Press Contact (Media)

+47 901 28 308 mobile

Carl Lieungh, CEO, Sevan Marine ASA (Media)

+47 37 40 40 00 office

Kjetil Vangsnes, CFO, Sevan Marine ASA (Analysts)

+47 37 40 40 00 office

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