Report for the third quarter 2009

Songa Offshore SE ("Songa") consolidated profit after tax for the third quarter 2009 was USD 105.0 million. Revenue for the third quarter was USD 228.7 million. This includes mobilization revenue of USD 1.2 million. Deferred mobilization revenue at quarter end is USD 2.2 million. Total expenses for the third quarter were USD 101.0 million, the figure includes a non operational loss of USD 2.7 million posted under "other gain and loss". The loss is split between loss on flippable swap with USD 2.2 million, USD 0.8 million in currency loss and USD 0.3 in gain on disposal of assets. EBITDA for the third quarter was USD 127.6 million. This figure is after taking into effect "other gain and loss". Net financial expenses for the third quarter were USD 12.8 million. Earnings per share (EPS) for the third quarter were USD 0.77. Diluted earnings per share (DEPS) for the third quarter were USD 0.77. For the full report, please see link/attachment. Limassol, 30 October 2009 Board of Directors Songa Offshore SE This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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