BW OFFSHORE: KEY INFORMATION RELATING TO THE REVERSE SHARE SPLIT TO BE CARRIED OUT BY BW OFFSHORE LIMITED

Date on which the reverse share split was made public: 28 November 2016

Reverse share split ratio: every 50 common shares par value US$0.01 each will be consolidated into 1 common share par value US$0.50 each

Last day including right: 1 December 2016

Ex-date: 2 December 2016

Record date: 5 December 2016

Date of approval: 28 November 2016

 

For further information, please contact:

IR@bwoffshore.com

About BW Offshore:

BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore is the world's second largest contractor with a fleet of 14 FPSOs represented in all major oil regions world-wide. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange. Further information is also available on www.bwoffshore.com

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