OCEANTEAM ASA - CONCLUDES PARTIAL SALE OF TREASURY SHARES

Today, Oceanteam ASA has sold 24.248 treasury shares at a price of NOK 1.60 per share and 900 treasury shares at a price of NOK 1.67 per share. Following the sale, Oceanteam holds 2.934.176 treasury shares.

About Oceanteam ASA

The Company is comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions. Oceanteam Shipping owns, charters and manages deep-water offshore support vessels and fast support vessels. Oceanteam Solutions` focus is to provide its clients with complete offshore solutions. Oceanteam ASA has been active in the industry as an offshore solutions provider for over twelve years.

For more information: www.oceanteam.no

For further information about Oceanteam ASA please contact:
CEO Haico Halbesma:	+31 20 53 57 570,	haico@oceanteam.no
CFO Jos van Dijk:	+31 20 53 57 570,	jos@oceanteam.nl

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Oceanteam ASA via GlobeNewswire
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