PURCHASE OF SKANDI VEGA

DOF ASA has approved an agreement to purchase the newbuilding no 706 at STX Norway AS, tbn “Skandi Vega" from DOF Installer ASA. Skandi Vega is a large state- of- the- art anchor handler/construction vessel of Aker AH 04 CD design with approximately 350 ton bollard pull. She will be due to delivery from yard in March 2010. For further information please contact Mons Aase + 47 91 66 10 12