Solstad Offshore ASA — Director's Dealing 2016

Oct 18, 2016

Applications by primary insiders

Applications by primary insiders

18 October 2016

Reference is made to the stock exchange announcement

on 14 October 2016 made by Solstad Offshore ASA

("Solstad Offshore" or the "Company") regarding

distribution of allocation rights to certain primary

insiders in the Company.

The Company has on 18 October 2016 received

applications from the following primary insiders. The

primary insiders are guaranteed allocation up to the

number of allocation rights as stated below.

Name: Per Stange

Position: HR Director

Shareholding as of Record Date: 6,850

Allocation Rights: 1,062

Total shareholding after allocation: 7,912

Name: Tor Inge Dale

Position: CCO

Shareholding as of Record Date: 1,100

Allocation Rights: 170

Total shareholding after allocation: 1,270

Name: Jakob Høines

Position: QA Director

Shareholding as of Record Date: 4,550

Allocation Rights: 705

Total shareholding after allocation: 5,255

Skudeneshavn, 18 October 2016

Solstad Offshore ASA

Contacts: Lars Peder Solstad (CEO) and Sven Stakkestad

(deputy CEO), phone +47 52 85 65 00

This information is subject to the disclosure

obligation of the Norwegian Securities Trading Act

section 5-12.