Eqva ASA — M&A Activity 2014

May 6, 2014

Havyard to sell 25 % stake in Forland Subsea AS

Havyard to sell 25 % stake in Forland Subsea AS

Havyard Ship Invest AS have entered into an agreement

with Forland Shipping 06 May 2014 to sell Havyard's

25% stake in Forland Subsea AS. Forland Subsea AS is

the shipowning company for the subsea construction

vessel "Lewek Inspector".

After this transaction, Forland Shipping owns 100 % of

the shares in Forland Subsea AS.

For further information, please contact:

Geir Johan Bakke

President & CEO

Havyard Group ASA

+47 481 80 011

geir.johan.bakke@havyard.com

Karl Eirik Frøysa Hansen

Chief Accounting Officer

Havyard Group ASA

+47 40 24 71 13

karl.hansen@havyard.com