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Eidesvik Offshore M&A Activity 2016

Sep 29, 2016

3586_iss_2016-09-29_e5a69692-c7e0-49c3-bd2f-28dc0ff4cc54.html

M&A Activity

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SALE OF VESSEL

SALE OF VESSEL

Eidesvik has entered into an agreement for sale of the

Platform Supply Vessel Viking Nereus (UT 755L built

2004). The sale is dependent on the buyer's acceptance

of the technical condition of the vessel. If buyer

accepts the vessel, the delivery will be in 4th

Quarter 2016. An impairment loss of approximately MNOK

55 will be recorded in 3rd Quarter 2016.

Contact: CEO Jan Fredrik Meling - tel +47 916 75 119