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.

Oslo, 2008-06-10

Songa Offshore ASA

http://www.songaoffshore.no

ISIN: NO0010268451

Stock Identifier: XOSL.SONG

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