Solstad Offshore ASA - Earnings Release 2014

FINAL ACCOUNTS 2014

At its meeting on April 20th, 2015, the Board of

Directors of Solstad Offshore ASA (SOFF) approved

the final annual report and accounts for 2014.

The ordinary result for the Group for 2014 was NOK

113 million, which is approximately NOK 78 million

lower compared to the preliminary result announced

February 24th, 2015. The difference is due lower

share of result from joint ventures and higher net

financial expenses. The changes had no liquidity

effect.

The annual general meeting is scheduled to Monday

May 18th, 2015. Summoning, annual report and agenda

will be published through Oslo Børs and on

www.solstad.no within April 27th, 2015. The

summoning will also be sent by post.

Proposed dividend from SOFF is NOK 3,50 per share

(38.687.377 shares) for payment June 10th, 2015.

Provided that the General Meeting adopts the

proposal, the share will be traded exclusive of

dividend as from May 19th, 2015.

Skudeneshavn, April 20th, 2015

Solstad Offshore ASA

This information is subject of the disclosure

requirements acc. to §5-12 vphl (Norwegian

Securities Trading Act)

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