DOF ASA FINANSIELL RAPPORT 2008

Please find attached Annual Report 2008 in Norwegian.

The finance result and taxes have been changed compared to preliminary 2008 finance result released on 27 February. The finance costs have been increased with approx NOK 39 mill. Including in these numbers are transaction costs on the acquisition of DOF Subsea previously posted directly under equity. The tax costs have been increased with approx. NOK 56 mill and relates to previous assumption of tonnage tax for one subsidiary which after new consideration is taxed according to standard terms.

Contact:
CEO Mons Aase, Tel. +47 91 66 10 12
CFO Hilde Drønen, Tel + 47 91 66 10 09

Om oss

With a multi-national workforce in excess of 2,200 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 25 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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