Sale of Vessel

Solstad Offshore Singapore Pte. Ltd., a wholly owned subsidiary of Solstad Farstad ASA, has sold the AHTS Nor Chief (built 2008, 10.800 BHP). Delivery of the vessel to the new owner took place today Monday 23rd April, 2018.

The sale of the vessel will result in a minor negative accounting effect for 2Q 2018.

Skudeneshavn, April 23rd 2018

Contacts
Lars Peder Solstad CEO, at +47 913 18 585

Anders Hall Jomaas CFO, at +47 400 42 918

Solstad Farstad ASA
www.solstadfarstad.com

This information is subject of the disclosure requirements acc. to § 5-12 vphl (Norwegian Securities Trading Act).

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