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Polarcus Limited : Summons to bondholders' meeting

Reference is made to the stock exchange notice published on 25 March 2015
regarding the improved terms to the Fleet Bank Facility and the proposed
amendments to the USD 125 million Convertible Bond Issue.

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) hereby summons to a
bondholder meeting in the bond loan USD 125,000,000 2.875% Secured
Convertible Bond Issue 2011/2016 (ISIN NO 001 0607435).

The meeting will be held on 14 April 2015 at 10:00hrs CET (08:00hrs GMT) at
the premises of Nordic Trustee ASA.

Please find the summons attached.


Rod Starr, CEO Polarcus

+971 4 436 0800

Tom Henrik Sundby, CFO Polarcus

+971 50 708 6480

About Polarcus

Polarcus (OSE: PLCS) is an innovative marine geophysical company with a
pioneering environmental agenda, delivering high-end towed streamer data
acquisition and imaging services from Pole to Pole. Polarcus operates a fleet
of high performance 3D seismic vessels incorporating leading-edge maritime
technologies for improved safety and efficiency. Polarcus offers contract
seismic surveys and multi-client projects with advanced onboard processing
solutions and employs over 600 professionals worldwide. The Company's
principal office is in Dubai, United Arab Emirates. For more information,

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

Summons to bondholders meeting


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: Polarcus Limited via Globenewswire


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