Songa Offshore ASA (OSL:SONG) Reference is made to the press release of 16 October following the private placement for a total of 10,600,000 new shares. These shares are now registered with the Norwegian Register of Business Enterprises, and the Company's share capital has been increased accordingly.

Oslo , 10-27-2008

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Songa Offshore ASA

http://www.songaoffshore.no

ISIN: NO0010268451

Stock Identifier: XOSL.SONG

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