Sale of vessels

Farstad Supply AS, a wholly owned subsidiary of Solstad Farstad ASA, has sold the AHTS vessels Far Senior (built 1998, 16,823 BHP) and Far Sailor (built 1997, 16,823 BHP). Delivery of the vessels to the new owner took place today, Friday May 25th, 2018.

The sale of the vessels will result in an immaterial accounting effect for 2Q 2018.

Skudeneshavn, May 25th, 2018

Lars Peder Solstad CEO, at +47 913 18 585
Anders Hall Jomaas CFO, at +47 400 42 918

Solstad Farstad ASA

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