Sevan Marine

SEVAN - RESULTS SUBSEQUENT OFFERING

Mon, Jul 06, 2009 08:55 CET

The subscription period in Sevan Marine's subsequent offering expired on July 3, 2009.The Company has currently registered subscriptions for approximately 38.5 million new shares, however the registration process is not finished and the final number of shares will be announced on or about July 8. Allocation letters will be distributed on or about July 8, 2009 and the payment date is on or about July 13, 2009.

SEVAN - Minutes Extraordinary General Meeting

Wed, Jun 17, 2009 13:39 CET

Sevan Marine ASA has today on June 17, 2009 held an Extraordinary General Meeting. All the proposals from the Board of Directors to General Meeting were approved.INCREASE OF THE SHARE CAPITAL. PRIVATE PLACEMENT DIRECTED AT INSTITUTIONAL INVESTORS IN NORWAY AND INTERNATIONALLY The Extraordinary General Meeting resolved to issue 137,500,000 new shares at subscription of NOK 8 per share to investors that entered into agreements with the Company for such subscription on June 2, 2009. The new shares issued are expected to be delivederd to the subscribers during the beginning of next week (

Sevan: Stein E. Giljarhus to assume position as CEO of Sevan Drilling

Wed, Aug 27, 2008 08:04 CET

Mr. Stein E. Giljarhus will join Sevan as CEO of Sevan Drilling ASA with effect from November 1, 2008.Stein E. Giljarhus (52) has a bachelor degree in Petroleum Engineering and Structural Engineering. He has more that 30 years experience in the offshore industry, from drilling and well service activities offshore Norway, UK, Canada, Latin America, Far East, North Africa and Middle East.Prior to joining Sevan, Mr Giljarhus held senior management positions with Transocean, as vice president operations, and AGR (which he co-founded), as executive chairman and CEO, and latterly with Neptune

Invitation to presentation of Q2 2008 Results

Wed, Aug 13, 2008 08:00 CET

Sevan Marine ASA informs that the result for the second quarter of 2008 will be published on August 20. 2008 at 8:00 a.m. CET.Jan Erik Tveteraas, CEO, and Birte Norheim, VP Finance, will on the same day at 1:00 p.m. give a presentation of the result at Shippingklubben, Haakon VII`s gate 1, Oslo. The presentation will be in English.The sound from the presentation will also be broadcasted LIVE on http://www.sevanmarine.com/ and www.oslobors.no/webcast. Please log on to the webcast 5 minutes in advance of the presentation start. Also please download the presentation material from http://www.

Mandatory Notification of Trade

Tue, Jul 29, 2008 12:24 CET

Aslak Hjelde, Managing Director of Kanfa AS, has today bought 10,000 shares at NOK 54.39 per share through his wholly owned company Fekja Invest AS.Following this transaction, Mr. Hjelde and related companies own 296,323 shares.

Registration of share capital

Wed, Jul 09, 2008 08:08 CET

Reference is made to the announcement published June 20, 2008, regarding exercise of 66,632 options under the employee option program of the company and the resolution by the Board of Directors to increase the share capital by NOK 13,326.40.This increase of the share capital has been registered with the Norwegian Register of Business Enterprises. The total registered share capital of the company is NOK 39,182,435.60consisting of 195,912,178 shares, each with par value of NOK 0.20. All shares in the company carry equal rights.

SEVAN: Organizational change

Tue, Jun 24, 2008 08:08 CET

Egil Kvannli has given notice of resignation from his position as CFO with Sevan Marine ASA, with effect from August 1, 2008. Birte Norheim will assume the position as Vice President Finance with responsibility for accounting, purchase, IT and investor relations. Birte Norheim has since 2005 held the position as Group Controller in Sevan Marine ASA. The Company will start the process of recruiting a Finance Director with responsibility for the financing and treasury functions..

SEVAN: MANDATORY NOTIFICATION OF TRADE /EXERCISE OF SHARE OPTIONS

Fri, Jun 20, 2008 15:09 CET

Erskine Rozario, V.P Eng.and construction, has exercised 16,666 share options atNOK 30,90. After this, Mr. Rozario owns 16,666 shares.Reidun B Olsen, V.P HSEQ, has exercised 16,666 share options at NOK 38,40. After this Mrs. Olsen owns 16,666 shares.Kristin Urdahl, Section Manager Technical Safety&LQ / Board Member, has exercised 33 300 share options at NOK 24,00. After this, Mrs. Urdahl owns 33 300 shares.

SEVAN - REGISTRATION OF SHARE CAPITAL

Thu, Jun 19, 2008 10:09 CET

Reference is made to the announcement published June 11, 2008 regarding private placement.The increase of the share capital of the Company by the issuance of the 17,804,000 new shares issued in the private placement has been registered with the Norwegian Register of Business Enterprises. The total registered share capital of the Company is NOK 39,169,109.20 consisting of 195,845,546 shares, each with par value of NOK 0.20. All shares in the Company carry equal rights.The shares issued have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the `U.S.

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