DOF Subsea bond repurchase

DOF Subsea AS, a subsidiary of DOF ASA, has purchased bonds in its bond loans DOFSUB06 and DOFSUB05. In DOFSUB06 the Company has bought NOK 138.5 million. The net outstanding after this is NOK 561.5 million. In DOFSUB05 the Company has bought NOK 225.5 million. The net outstanding after this is NOK 524.5 million.

For further information, please contact:

CEO Mons S. Aase, Tel: +47 91661012
CFO Hilde Drønen, Tel: +47 91661009

With a multi-national workforce in excess of 5,000 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.