Farstad Shipping ASA - Notice of Annual General Meeting

The Annual General Meeting of Farstad Shipping ASA will be held at Farstadgården, Notenesgt. 14, Ålesund, on Wednesday 14 May 2014 at 16.00 p.m.

Notice of Annual General Meeting including a summary of the different items on the Agenda is enclosed.

Annual Report and Business Review 2013 are available on the company's website www.farstad.com.

The Notice including case documents will be sent to all shareholders.

The shares are traded exclusive of dividend on 15 May 2014. Payment of dividend will take place on 27 May 2014.

Contacts:
CEO Karl-Johan Bakken -   tel. +47 901 05 697
CFO Torstein L. Stavseng - tel. +47 911 07 001

Farstad Shipping's fleet currently consists of 60 vessels (32 AHTS, 25 PSV and 3 SUBSEA) and 2 PSV and 2 SUBSEA under construction. The company's operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 2200 employees engaged onshore and offshore. The company's strategy is to be a leading quality provider of large, modern offshore service vessels to the oil industry. The company maintains a long-term charter profile for the fleet.

www.farstad.com