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Mandatory notification of trade

Carl K. Arnet, CEO of BW Offshore, yesterday purchased 400,000 shares in BW Offshore Limited of NOK 7.82 per share through his privately held company Kolbjørn Invest II AS. Following this transaction, Mr. Arnet, directly and indirectly, holds 6,272,139  shares in BW Offshore Limited.

For further information, please contact:
Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322

About BW Offshore:
BW Offshore is a leading global provider of floating production services to the oil and gas industry. With the acquisition of Prosafe Production in 2010, the company has become the world's second largest contractor with a fleet of 14 FPSOs and 2 FSOs represented in all major oil regions world-wide. BW Offshore has an excellent track record on project execution and operations, as well as a robust balance sheet and strong financial capabilities. In 30 years of production, BW Offshore has successfully executed more than 30 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange. Further information is also available on www.bwoffshore.com

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