Awarded contracts in the UK

Fairfield Betula Limited (“Fairfield”) has awarded Solstad Offshore ASA (“Solstad”) long-term contracts for two Platform Supply Vessels, “Far Symphony” and “Normand Aurora” in the UK Sector, North Sea.

Far Symphony (2003, P105 Design) has been contracted for 18 months firm plus options, commencing mid-October 2018, and continues to support Fairfield’s UK operations having done so since April 2017. The Normand Aurora (2005, P105 Design) contract is for 12 months plus options, commencing mid-January 2019.

“Solstad is pleased to have been recognized as a preferred supplier by another important North Sea client. This furthers an already commendable relationship with Fairfield which we hope continues well into the future.”, states Jon Are Gummedal EVP PSV/AHTS International.

Skudeneshavn, October 12th, 2018

Lars Peder Solstad CEO, at +47 91 31 85 85
Anders Hall Jomaas CFO, at +47 40 04 29 18

This information is subject of the disclosure requirements according to theNorwegian Securities Trading Act section §5-12