Sevan Marine refers to the earlier stock exchange notice from Friday 06 July, regarding the decision by the shareholders meeting to sell parts of its business to SembCorp Marine Integrated Yards Pte Ltd. (“SCM”). Sevan Marine has received an exemption from the Information Memorandum requirement from Oslo Stock Exchange based on the condition that it publishes the second quarter and first half 2018 financial results using IFRS 5 by 19 July 2018. Sevan Marine had originally scheduled to release its second quarter and first half 2018 financial results on 28 August 2018.

Sevan Marine has now scheduled to release its second quarter and first half 2018 financial results on 10 July 2018. A conference call for investors, analysts and other interested parties will be hosted by CEO Reese McNeel the same day at 14:00 CET (Oslo time). Presentation material that will be used during the call will be available at www.sevanmarine.com from 08:00 CET.

A Q&A session will follow the presentation and information on how to submit questions to management will be given at the beginning of the Q&A session. To participate to the management presentation of the results, please dial in 5-10 minutes prior to the start time using the numbers and confirmation code below.

Call in numbers:
Norway: +47 2100 2610
International dial in: +44 330 336 9105

The participants will be asked for their name, company and confirmation code. The Sevan Marine confirmation code is: 4838649

For more information please contact:
Reese McNeel, CEO, Sevan Marine ASA
reese.mcneel@magnoraasa.com
+47 415 08 186
*  *  *  *  *

The information in this announcement is subject to the disclosure requirements of the Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs – Continuing Obligations.

Sevan Marine is a technology, design and engineering company. The company is developing, designing and delivering cost effective offshore solutions based on its unique cylindrical hull design and the HiLoad LNG offloading and regas technologies. Sevan Marine ASA is listed on the Oslo Børs with ticker SEVAN. For more information, please refer to www.sevanmarine.com