Mandatory notification of trade

Kjetil Ramstad, CFO of Solstad Offshore ASA (the "Company"), has today purchased 27,426 shares in Solstad Maritime Holding AS ("SMH") at a price of NOK 20 per share.

Following the transaction, Kjetil Ramstad owns a total of 27,426 shares in SMH.

The shares in SMH are linked to the Company's shares, cf. the Market Abuse Regulation article 19.

Please see attached primary insider notification form pursuant to the requirements of the Market Abuse Regulation article 19. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.