Please see attached to this notice the presentation for today's webcast in connection with the Voluntary Exchange Offer for Prosafe Production.
The Offer will not be made in any jurisdiction in which the making of the Offer would not be in compliance with the laws of such jurisdiction. This notification does not in itself constitute an offer. The Offer will only be made on the basis of the offer document and can only be accepted pursuant to the terms of such document. In the United States, the Offer will only be made and the consideration shares will only be offered to Prosafe Production shareholders who are "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") in transactions not involving any public offering within the meaning of the U.S. Securities Act.
This announcement is not an offer for sale of any securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act. BW Offshore Limited has not registered and does not intend to register any portion of any offering of shares in the United States or to conduct a public offering of any securities in the United States.