Operating revenue from continued operations for first quarter 2013 amounted to USD 19.5 million. EBITDA was positive with USD 0.3 million, and net profit from continued operations was positive with USD 0.4 million.

Sevan Marine ASA (“Sevan” or the “Company”) is pleased to announce that it has entered into an agreement to sell the semi-completed Sevan hulls number 4 and 5 (the "Hulls”) on an “as-is, where-is” basis to Logitel Offshore.

Sevan Marine ASA has today on May 24, 2013, held its Ordinary General Meeting. All the proposals from the Board of Directors to General Meeting were approved.

Sevan Marine ASA informs that the results for the first quarter of 2013 will be published on May 29, 2013, at 8:00 a.m. (CET).

The Board of Directors of Sevan Marine ASA has convened the Ordinary General Meeting in Sevan Marine ASA on Friday 24 May 2013, at 12.00 noon (CET) at the Company's offices at Kittelsbuktveien 5, Arendal, Norway.

Please find attached the Annual Report 2012 for Sevan Marine ASA.

Reference is made to previous updates regarding the sale of the FPSO Voyageur Spirit to Teekay Corporation.

Sevan Marine ASA has changed the date of the Ordinary General Meeting from 15 May 2013 to 24 May 2013. The updated financial calendar for the rest of 2013 for Sevan Marine ASA is therefore as follows:

Reference is made to previous information regarding the expected closing during Q1 2013 of the sale by Sevan Marine of FPSO Voyageur Spirit to Teekay Corporation.

Please find attached the presentation materials for the presentation of the fourth quarter results to be given today.

Sevan Marine ASA informs that the results for the fourth quarter of 2012 will be published on February 27, 2013, at 8:00 a.m. (CET).

KANFA Group was, by the end of 2012, awarded an EPC contract by Kværner Stord AS on a new Chemical Injection package and a MEG Injection Package on Lundin’s Edvard Grieg platform due to operate in the North Sea.

KANFA Group has been awarded an EPCIC contract by Teekay Petrojarl on a new Produced Water Treatment (PWT) package on the FPSO Piranema Spirit operating in Brazilian waters.

Dana Petroleum, on behalf of the Western Isles license partners, has today signed two agreements with Sevan Marine for the application of a Sevan FPSO for the development of the Western Isles project:

The financial calendar 2013 for Sevan Marine ASA is as follows:

Please find attached the presentation materials for the presentation of the third quarter results to be given today.

Operating revenue from continued operations for third quarter 2012 amounted to USD 20.9 million. EBITDA was positive with USD 6.3 million and net profit from continued operations was USD 6.2 million.

Sevan Marine ASA informs that the results for the third quarter of 2012 will be published on November 21, 2012, at 8:00 a.m. (CET).

Sevan Marine ASA is pleased to announce that the tow of the FPSO “Voyageur Spirit” from the Nymo upgrade yard at Eydehavn, Arendal to the Huntington Field in the UK sector of the North Sea has now commenced. The “Voyageur Spirit” let go of the moorings at 07:50 hrs Sunday morning, September 30, and is estimated to arrive at the Huntington Field early in the morning Thursday, October 4.

We would like to thank you all for taking time to visit Sevan Marine’s stand during ONS 2012 in Stavanger.

Please find attached the presentation materials for the presentation of the first half results to be given today.

Operating revenue from continued operations for second quarter 2012 amounted to USD 23.7 million. EBITDA was positive with USD 11.6 million, and net profit from continued operations was USD 11.0 million.

Sevan Marine ASA informs that the results for the second quarter of 2012 will be published on August 29, 2012, at 8:00 a.m. (CET).

At the “Arctic Maritime Offshore Conference” (info and registration: www.amo-conference.com),

Following more than a year of front end engineering and development work,

Issuers of listed transferable securities are required to provide Oslo Børs with an annual statement of information made available to the public, cf. the Securities Trading Act section 5-11 sub-section 1.

Sevan Marine ASA has today on May 25, 2012, held its Ordinary General Meeting.

All the proposals from the Board of Directors to the General Meeting were approved.

Please find attached the presentation materials for the presentation of the first quarter results to be given today.

Operating revenue from continued operations for first quarter 2012 amounted to USD 24.4 million. EBITDA was positive with USD 10.7 million, and net profit from continued operations was USD 12.3 million.

Sevan Marine ASA informs that the results for the first quarter of 2012 will be published on May 22, 2012, at 8:00 a.m. (CET).

Carl Lieungh (CEO) and Kjetil Vangsnes (CFO) will on the same day at 1:00 p.m. (CET) give a presentation of the results at Shippingklubben, Haakon VII`s gate 1, Oslo.

The Ordinary General Meeting of Sevan Marine ASA has been scheduled for 25 May 2012.