Solstad Offshore ASA — Interim / Quarterly Report 2015

Feb 29, 2016

Quarterly Report Consolidated Boa Offshore AS - 4Q 2015

Quarterly Report Consolidated Boa Offshore AS - 4Q 2015

Boa Offshore AS reports consolidated operating

revenues of NOK 349m in 4Q 2015 (NOK 477m in the

same quarter 2014). Operating profit before

depreciation (EBITDA) was -NOK 10m (NOK 112m). Net

financial items was -NOK 64m (-NOK 115m) and Net

profit was -NOK 364m (-NOK 36m).

Boa will hold a presentation in a conference call

the coming Wednesday 02.03.2016 at 15:00CET - call in

details and the presentation will be available before

the call on our web site, www.boa.no

For further information, please contact:

Albert Strand, Director Finance and Risk

+47 9074 4461 or

Helge Kvalvik, CEO

+47 9797 9772