DOF Subsea AS - Sale of own holding in bond loan

DOF Subsea AS, a subsidiary of DOF ASA, has sold a volume of NOK 82 million of own holding in its bond loan DOFSUB05 at a price of 103.50.

For further information, please contact:

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

With a multi-national workforce in excess of 4,300 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.