Report for the third quarter 2011

Songa Offshore SE ("Songa" or the "Company") reports total comprehensive income for the third quarter of 2011 of USD 35.6 million. Operating revenue for the third quarter was USD 144.4 million. This includes mobilization and demobilization revenue of USD 7.6 million. Total expenses for the third quarter were USD 83.6 million. EBITDA for the third quarter was USD 66.0 million. Net financial expenses for the third quarter were USD 6.5 million. Earnings per share (EPS) and diluted earnings per share (DEPS) for the third quarter were USD 0.21. Average number of shares for the quarter was 167,712,544, and as per end of the period the outstanding number of shares was 167,712,544. Please see attached the Q3 2011 Report. Limassol, 7 November 2011 Board of Directors Songa Offshore SE Questions should be directed to: Geir Karlsen, CFO +47 23 01 14 24 / +47 91 60 83 32 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Songa Offshore SE Q3 2011 Report: http://hugin.info/136777/R/1561274/483145.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Songa Offshore SE via Thomson Reuters ONE [HUG#1561274]
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