DOF Subsea, a subsidiary of DOF ASA, has ordered a Subsea vessel newbuild

DOF Subsea Group has entered into a contract with STX OSV for building
of a Offshore Subsea Construction Vessel. Please see attached press
release for more information.

For further information, please contact:
Mons S. Aase, CEO
Tel: +47 9166 1012
With a multi-national workforce in excess of 4,000 personnel, DOF ASA is
an international group of companies which owns and operates a fleet of
modern offshore/subsea vessels, and engineering capacity to service both
the offshore and subsea market. With over 30 years in the offshore
business, the group has a strong position in terms of experience,
innovation, product range, technology and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention
and diving operations primarily for the oil and gas sector. From PSV
charter to Subsea engineering, DOF offers a full spectrum of top quality
offshore services to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in
Norway, the UK, the USA, Singapore, Brazil, Argentine, Egypt, Angola,
and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
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DOF Subsea, a subsidiary of DOF ASA, has ordered a Subsea vessel newbuild