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2015-04-21

DESSC: Deep Sea Supply appoints new CEO

Deep Sea Supply's Board of Directors has appointed Jon Are Gummedal as new CEO
of the company.

Mr. Gummedal has worked with Deep Sea Supply since January 2014 as Technical
Director with the responsibility of the technical management and crewing of
the fleet operating worldwide. Prior to this, he held a position as Technical
Director in Wilson ASA, managing a fleet of 86 vessels. Mr. Gummedal has more
than 13 years of experience in the shipping industry, last 7 years in senior
management positions.

In his new position, Mr. Gummedal will retain a strong focus on the
operational performance of the fleet. "I am looking forward to continue
working to improve our position in the market. We have a strong and motivated
team, a modern fleet and a healthy balance sheet that is well prepared to
face the current market down turn", says Mr. Gummedal. The Board will
continue to be actively involved in the strategic development of the Company
as well as monitoring the Company's operation.

Limassol, 21 April 2015

Deep Sea Supply Plc

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

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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: Deep Sea Supply via Globenewswire

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