COMPLETION OF SINGAPORE OFFERING AND THE BUSINESS COMBINATION AND INCREASE OF THE COMPANY'S SHARE CAPITAL: ADDENDUM

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EMAS Offshore Limited ("EMAS" or the "Company") refers to the announcement made by the Company on 03 October 2014.

The Company wishes to clarify that the new share capital is USD 510,801,722 consisting of 439,672,754 shares. 

For further information, please contact:

Mr. Jason Goh

EMAS Offshore Limited

+ 65 6590 8209

jason.goh@emas.com

This announcement is subject to the disclosure requirements of the Norwegian Securities Trading act section 5-12