Dolphin Drilling AS — Capital/Financing Update 2014

Apr 10, 2014

Oslo Børs - FOE05 - New bond issue to be listed 11.04.2014

Oslo Børs - FOE05 - New bond issue to be listed 11.04.2014

New bond issue to be listed on Oslo Børs on the

11.04.2014

Issue name: Fred Olsen Energy ASA 14/19 FRN

Ticker: FOE05

Instrument ID: 1300984

ISIN: NO0010704125

Segment: OBOC

Country: NO

Trading currency: NOK

Current outstanding principal amount: 1 100 mill, tap

issue

Interest accrual date: 28.02.2014

Maturity date: 28.02.2019

Coupon rate: 4.69 % p.a. (3 mnd NIBOR + 3.00 % p.a.)

Sector list: Major Bonds (OMJ)

Managers: Danske Bank Markets, SEB, Swedbank, DNB

Bank, Markets

Central Securities Depository: VPS

Oslo Børs has received approved prospectus, which

will be available at

[http://www.oslobors.no] and [http://www.fredolsen-

energy.com ] from the first day of

listing.