Solstad Offshore ASA — Major Shareholding Notification 2017

Sep 7, 2017

Disclosure of large shareholding and notification of trade and in Solstad Farstad ASA

Disclosure of large shareholding and notification of trade and in Solstad Farstad ASA

As part of a generational change, Lars Peder Solstad, CEO in

Solstad Farstad ASA (SOFF), and his father Johannes Solstad have

entered into agreements under which Lars Peder Solstad will acquire

control over a total of 21 066 965 shares in SOFF. After closing

of the agreements, expected to take place by mid September,

Johannes Solstad will control no shares, whilst Lars Peder Solstad

will control a total of 21 774 952 shares in SOFF, equivalent to

7,47% of the company. The shares are controlled through Soff Invest

AS (18 860 075 shares), Ivan II AS (2 206 890 shares) and Vindbalen

AS (707 987 shares).

Skudeneshavn, 7. September 2017

Solstad Farstad ASA

Contact: Rune Lande (+47 52 700 340)

This information is subject of the disclosure requirements acc. to

§4-2 and §4-3 vphl (Norwegian Securities Trading Act)