Deep Sea Supply : Information Memorandum

Reference is made to the earlier stock exchange announcements made by Deep Sea Supply Plc ("DESSC") regarding the mergers between Solstad Offshore ASA ("SOFF"), Farstad Shipping ASA and DESSC.

An information memorandum regarding the mergers has been prepared by SOFF and approved by the Oslo Stock Exchange on 9 May 2017. Reference is made to the stock exchange announcement made by SOFF today.

The information memorandum is enclosed to SOFF's stock exchange announcement and is also available at SOFF's website

Contact: Anders Hall Jomaas, Chief Financial Officer of DESSC at +47 400 42 918.

Deep Sea Supply Plc

Limassol, Cyprus

9 May 2017

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