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2014-05-14

CORRECTION: Farstad Shipping ASA - Report 1Q 2014

This is a correction of the announcement from 11:10 14.05.2014 CEST. Reason for the correction:
Please be aware of a typing error in note 6 in the English version of the 1Q
Report 2014 of Farstad Shipping ASA.

Correct wording is:

The Annual General Meeting will be held at the company's premises on Wednesday
14 May. The Board of Directors will propose a dividend of NOK 3.00 per share
for 2013 (NOK 3.00 per share for 2012). The shares will be traded ex.
dividend on Thursday 15 May. Payment of dividend will take place on 27 May
2014.

Contacts for further information:

CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein L. Stavseng - tel. +47 911 07 001

Farstad Shipping's fleet currently consists of 60 vessels (32 AHTS, 25 PSV and
3 SUBSEA) and 2 PSV and 2 SUBSEA under construction. The company's operations
are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and
Rio de Janeiro with a total of 2200 employees engaged onshore and offshore.
The company's strategy is to be a leading quality provider of large, modern
offshore service vessels to the oil industry. The company maintains a
long-term charter profile for the fleet.

www.farstad.com

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

Quarterly Report 1 2014
http://hugin.info/45/R/1785345/612134.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: Farstad Shipping ASA via Globenewswire

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