24 January 2013


Reference is made to the stock exchange notification from Oceanteam Shipping ASA, dated 23 November 2012. Following the exercise of the "Independent Subscription Rights I", a share capital increase in Oceanteam Shipping ASA was registered in the Norwegian Registry of Business Enterprises on 24 January 2013.

The new share capital is NOK 14.796.629,50 divided into 29.593.259 shares, each with a nominal value of NOK 0.50. The Articles of Association of Oceanteam Shipping ASA have been amended accordingly. Please find attached the updated company certificate. 

About Oceanteam Shipping ASA
Oceanteam Shipping ASA (Oslo Stock Exchange: OTS) is an offshore shipping company. Its business is the owning, chartering and managing of Deepwater Offshore Construction Service - and Pipe Lay Vessels. In addition Oceanteam Shipping provides complementary Engineering Services consisting of both Engineering & Design Services and Equipment to support its clients.

For more information: www.oceanteam.no

For further information about Oceanteam Shipping ASA please contact:
CEO Haico Halbesma:   +31 20 53 57 570, haico@oceanteam.no
CFO Torbjørn Skulstad: +47 55 10 82 40, torbjorn@oceanteam.no

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Firmaattest Oceanteam Shipping ASA pr 24_01_2013