Annual General Meeting 2010 - Notice

(Bermuda, 21 April 2010): Notice is hereby given that the 2010 Annual General Meeting of BW Offshore Limited will be held in Bermuda on 13 May 2010 at 11 am local time.

Please see the attached documents for the full notice, including agenda, proxy and remuneration statement. The remuneration statement is included as recommended by NUES (Norwegian Corporate Governance Board).

BW Offshore is one of the world`s leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry. BW Offshore has more than 27 years' experience and has successfully delivered 14 FPSO projects and 50 turrets and offshore terminals. BW Offshore's technology division APL has delivered solutions for production vessels, storage vessels and tankers in a wide range of field developments. Adapting through competence, in-house technology, solid project execution and operational excellence, BW Offshore ensures that customer needs are met through versatile solutions for offshore oil and gas projects. BW Offshore has a global network with offices in Europe, Asia Pacific, West Africa and the Americas. BW Offshore has 1,100 employees and is listed on the Oslo Stock Exchange. For more information, please visit www.bwoffshore.com and www.apl.no.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)