Disclosure of Large Shareholding
In the name and on behalf of FMR LLC (the "Investment
Manager") we hereby notify you pursuant to STA
Chapter 4, Section 4-1 the following:
On 22 May 2012 the shares and rights to shares in BW
Offshore Limited (the "Company") attributable to the
Investment Manager crossed above the threshold of
10%. The threshold was crossed by means of buys of
As a consequence, the total shareholding deemed to be
held is 68,857,779 which represents 10.01% of the
shares outstanding and voting rights of the Company.
The shares and rights to shares are owned by the
funds listed on Schedule A (se attachment at
[http://www.newsweb.no]) and are managed by the
designated management companies which are
undertakings controlled by the Investment Manager.