09.06.2017

Update on the merger process

Reference is made to previous stock exchange notices regarding the proposed mergers between (i) Farstad Shipping ASA and Solship Invest 2 AS with the latter as the surviving entity and with settlement in shares in Solstad Offshore ASA (“SOFF”), (ii) Deep Sea Supply Plc and Solship Sub AS with the latter as the surviving entity and (iii) Solship Sub AS and Solship Invest 3 AS with the latter as the surviving entity and with settlement in SOFF shares, together referred as the “Mergers”. Preparations for completion of the Mergers have been moving forward and are now in their final stages. Key dates for completion of the Mergers will be announced as soon as the exact date for completion has been determined.

Skudeneshavn, Ålesund and Limassol, 9 June 2017

Contacts
Solstad Offshore ASA
Lars Peder Solstad, Chief Executive Officer , +47 913 18 585
Sven Stakkestad, Deputy Chief Executive Officer, +47 905 15 802

Farstad Shipping ASA
Karl-Johan Bakken, Chief Executive Officer, +47 901 05 697
Olav Haugland, Chief Financial Officer, +47 915 41 809

Deep Sea Supply Plc
Anders Hall Jomaas, Chief Financial Officer, +47 400 42 918

This information is published in accordance with the requirements of the Continuing Obligations of the Oslo Stock Exchange.