Prospectus in connection with the listing of ne...

Reference is made to the press releases of 11 and 12 June 2009 regarding the completed Private Placement in Songa Offshore SE ("Songa Offshore" or the "Company"). Songa Offshore has prepared a prospectus dated 21 July 2009 (the "Prospectus") in connection with the listing of 18,080,000 new shares on the Oslo Børs stock exchange, each with a nominal value of Euro 0.11, placed in a Private Placement completed on 18 June 2009 at a subscription price of NOK 23.70 per share, raising total gross proceeds of NOK 428.5 million. The 18,080,000 shares issued in the Private Placement have since their issuance been registered on a separate ISIN. From and including tomorrow, 22 July 2009, these shares will be registered under the ordinary ISIN number of the Shares in the Company, being ISIN CY 010 0962113 and will be fully tradable on the Oslo Børs stock exchange. The Prospectus will be available at the following websites from 22 July 2009: www.songaoffshore.no www.abgsc.no www.sebenskilda.no www.carnegie.no A printed form of the Prospectus may be obtained at the Company's offices in 25 Kolonakiou Street, Zavos Kolonakiou Centre, Block B, Flat 101, 4103 Limassol, Cyprus and in Haakon VII's gate 1, 0116 Oslo, Norway. The Prospectus does not constitute an offer to buy, subscribe or sell the securities described therein. The Prospectus serves as a listing prospectus as required by applicable laws, and no securities are being offered or sold pursuant to the Prospectus. Limassol, 21 July 2009 This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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