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Solstad Offshore ASA Capital/Financing Update 2019

May 23, 2019

Capital/Financing Update

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Boa SBL AS - Exercise of Stock Accession Option

Reference is made to the stock exchange notices 26 April 2019 and 16 April 2019 as well as the attached notice from Nordic Trustee AS today.

For further information, please contact:

Helge Kvalvik, CEO: Tel +47 97 97 97 72, or

Albert Strand, Director Finance and Risk: Tel +47 90 74 44 61