Sale of vessel

Farstad Supply AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the PSV Far Star (built 1999). Delivery of the vessel to the new owner took place today Tuesday August 6th, 2019.

The sale of the vessels will have an immaterial accounting effect for 3Q 2019.

Skudeneshavn, August 6th, 2019

Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Anders Hall Jomaas CFO, at +47 40 04 29 18

Solstad Offshore ASA
www.solstad.com

This information is subject of the disclosure requirements according to the Norwegian Securities Trading Act section § 5-12.

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