Deep Sea Supply Plc

Deep Sea Supply (OSL:DESSC) Hemen Holding Ltd has extended a TRS agreement that expired November 17, 2008. The TRS agreement has exposure to 3,100,000 underlying shares in Deep Sea Supply. New expiry date is February 17, 2009, and new TRS price is NOK 9.2353.

Deep Sea Supply (OSL:DESSC) Odd Brevik, CEO of Deep Sea Supply, acquired today, 6 November 2008, 20,000 shares in Deep Sea Supply Plc at price NOK 11,53 per share. Mr. Brevik controls after this acquisition 380,918 shares in the Company.

Deep Sea Supply (OSL:DESSC) Jan Lunde, Finance Consultant of Deep Sea Supply, acquired today, 6 November 2008, 5,000 shares in Deep Sea Supply Plc at price NOK 11,20 per share. Mr. Lunde controls after this acquisition 5,000 shares in the Company.

Deep Sea Supply (OSL:DESSC) In 3Q08 the market for Offshore Supply vessels was very good. The strong market combined with good cost control resulted in very strong financials for Deep Sea Supply Plc;

Deep Sea Supply (OSL:DESSC) We are pleased to inform that Deep Sea Supply this morning took delivery of "Sea Lion", a newbuilding AHTS from Havyard Leirvik AS.

Deep Sea Supply (OSL:DESSC) In October 2008 Deep Sea Supply`s AHTS fleet (all 9 AHTS Vessels larger than 12,000 BHP) had an average gross income of approximately USD 49,300 per ship per day compared to USD 40,500 in September.

Deep Sea Supply (OSL:DESSC) We are pleased to invite shareholders, investors, analysts and other interested parties to a presentation of our 3Q 2008 financials.

Deep Sea Supply (OSL:DESSC) We are pleased to inform that we have entered into a time charter for the AHTS "Sea Panther" with Repsol for operations in the Mediterranean. Duration is three wells (anticipated approx. 200 days). Total value of the contract is in excess of USD 10 mill.

Deep Sea Supply (OSL:DESSC) Hemen Holding Ltd has extended a TRS agreement that expired October 15, 2008. The TRS agreement has exposure to 3,100,000 underlying shares in Deep Sea Supply. New expiry date is November 17, 2008, and new TRS price is NOK 11.1275.

Deep Sea Supply (OSL:DESSC) In September 2008 Deep Sea Supply`s AHTS fleet (all 9 AHTS Vessels larger than 12,000 BHP) had an average gross income of approximately USD 40,500 per ship per day compared to USD 37,000 in August.