Songa Offshore ASA

Songa Offshore ASA Songa Offshore ASA is pleased to announce that Santos has exercised its third and final option available on the Songa Mercur Contract for work on the Western Shelf of Australia.

Songa Offshore ASA Songa Offshore ASA is pleased to announce that the earlier announced letter of intent from Australian Drilling Associates (ADA) have now been concluded into a drilling contract utilizing the semi-submersible Songa Venus for development and exploration drilling in Australia. ADA will be the main contract holder and manage the drilling operations on behalf of the independent oil companies operating under an ADA coordinated consortium on the North Western Shelf, Timor Sea and Bass Straight in Australia.

Songa Offshore ASA Songa Offshore ASA will going forward release operations results for the quarter in connection with release of quarterly results (in effect for the first 45 days of the following quarter) and at the end of each quarter (i.e. last 45 days).

Songa Offshore ASA Songa Offshore ASA has renewed or rolled over its total return swap (TRS) with Carnegie Investment Bank AB Norway Branch for 3,074,965 shares. The new TRS expires on 19 *December* 2008. Oslo, 2008-06-20

Songa Offshore ASA Songa Offshore ASA has renewed or rolled over its total return swap (TRS) with Carnegie Investment Bank AB Norway Branch for 3,074,965 shares. The new TRS expires on 19 September 2008. Oslo, 2008-06-20

Songa Offshore ASA Songa Offshore ASA has entered into an agreement with Odfjell Drilling to acquire the semisubmersible Deepsea Delta. The acquisition price is set at USD 428.5 million.

Songa Offshore ASA Reference is made to the 10 June 2008 press release regarding the conversion of warrants. As stated the final day to convert was Monday 9 June. In the end, 3.611.666 warrants were exercised in this final round. This leads to the total number of shares in the Company now being 94.707.628.

Songa Offshore ASA Songa Offshore ASA has entered into a contract with Deep Sea Rig AS ("DSR"), a company within the Odfjell Group, for lease and management of the Company's semisubmersible Deepsea Trym (the "LMA").

Songa Offshore ASA The final day to convert warrants issued by Songa Offshore ASA was Monday 9 June 2008. All warrants converted were so at USD 1.50 per share / warrant.

Songa Offshore ASA Reference is made to item 13 on the agenda of the Annual General Meeting in the Company held on 26 May 2008. On the basis of the resolution passed, the Board has allocated options to buy shares in the Company to the following employees: Asbjørn Vavik, CEO, 300,000 shares Trond Christensen, COO, 300,000 shares Tom E. Jebsen, CFO, 300,000 shares The strike price is according to the resolution set at NOK 74.75 per share.