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2015-08-28

Bergen Group : Hans Petter Eikeland appointed new CEO

The Board of Directors in Bergen Group ASA has appointed Hans Petter Eikeland as new CEO for the Group for a period until 1 July 2016. Eikeland succeeds Asle Solheim as from today 28th August 2015.

"The Board is very pleased with Hans Petter Eikeland taking over as CEO as
from today. Eikeland has an industrial understanding and vigor that will be
important in the restructuring phase taking place in the group related to
close up the finalized rig projects, together with ensuring a sound basis for
profitable growth in the continuing operations", says chairman Tor Lars
Onarheim.

Eikeland was in May this year engaged as COO (Chief Operating Officer) of the
Group to strengthen the Group's operational management capacity to facilitate
growth for the sale of rig activity, and thus knows the group well.

"Bergen Group is currently in a phase with many demanding challenges and
exciting opportunities. The remaining competence and capacity of the group
gives in my opinion a good foundation for long-term growth on profitable
terms", says CEO Hans Petter Eikeland.

Eikeland has an extensive experience from various leadership positions within
offshore related business. He has been CEO in Ability Drilling ASA, Rig
Manager and VP Operations in Odfjell Drilling and Rig Manager in Smedvig
Drilling. As an investor and entrepreneur, he has extensive experience in
restructuring the development of industrial companies, including as one of
the founders of the listed company AGR, and as 50% owner of Safeguard Group
which during just a few years multiplied the turnover before the company last
year were purchased by the international group Assa Abloy.

Hans Petter Eikeland is from Bergen where he also resides with his family.

Contacts:

Chairman Tor Lars Onarheim, tel. +47 934 64 535
CEO Hans Petter Eikeland, tel. +47 932 08 177
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Photo Hans Petter Eikeland
http://hugin.info/139079/R/1948120/707599.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bergen Group via Globenewswire

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