BW Offshore: Company presentation

BW Offshore's CFO Knut R. Sæthre is presenting at DNB Markets' Oil, Offshore & Shipping Conference today. Please see the full presentation attached.

In connection with the closing of the financial statements for 2014, BW Offshore has restated debt of USD 65.9 million compared to the preliminary results for 2014 presented on 16 February 2015. This has resulted in an increase of equity from USD 1,132.2 million to USD 1,198.1 million as of 31.12.14. Correspondingly, the equity ratio at year-end increased from 30.9% to 32.7%.

For further information, please contact:

Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322

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