BW Offshore. Mandatory notification of trades

Knut R. Sæthre, Chief Financial Officer in BW Offshore Limited, yesterday purchased 100,000 shares at NOK 4.22 per share. Following this transaction, Mr. Sæthre holds 382,291 shares in BW Offshore Limited.

Claude Rouxel, Chief Business Development Officer in BW Offshore Limited, yesterday purchased 300,000 shares at NOK 4.35 per share. Following this transaction, Mr. Rouxel holds 502,139 shares in BW Offshore Limited.

For further information, please contact:

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

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 and 2 FSOs represented in all major oil regions world-wide. BW Offshore has an excellent track record on project execution and operations, as well as a robust balance sheet and strong financial capabilities. In more than 30 years of production, BW Offshore has executed 36 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 acc. to §5-12 vphl (Norwegian Securities Trading Act)