DOF ASA - placement of new unsecured bond issue

DOF ASA has successfully completed an issuance of a NOK 600 million bond in the Norwegian bond market. Final maturity date is March 9th 2015. The bond will be sought listed on the Oslo Stock Exchange.

The bonds will be issued and redeemed at 100% of their principal amount. Proceeds from the bond issue will be applied for refinancing of existing debt and for general corporate purposes.

DOF ASA has also bought back outstanding bonds with a total nominal value of NOK 265.5 million, split as follows: NOK 90 million in DOF04 PRO (ISIN: NO 001032112.8 maturity June 2011. Remaining amount outstanding in DOF04 PRO is NOK 91 million. NOK 150.5 million in DOF06 (ISIN NO 001051840.0 maturity June 2011. Remaining amount outstanding in DOF06 is NOK 162,5 million. NOK 25 million in ISIN NO 001058279.4, maturity July 2013. Remaining amount outstanding in ISIN NO 001058279.4 is NOK 924,5 million.

Arctic Securities, First Securities, Nordea Markets and Pareto Securities have acted as Joint Lead Arrangers of the bond issue.


For further information, please contact:

Mons Aase, CEO, phone +47 91 66 10 12

Hilde Drønen, CFO, phone +47 91 66 10 09