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STX Europe AS : STX Europe AS sells STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS

STX Europe AS : STX Europe AS sells STX Norway Florø AS and STX Norway Design
                         Florø AS to Westcon Group AS

STX Europe AS on 31 December 2012 completed  the sale of all of the shares  in 
its wholly owned subsidiaries STX Norway Florø AS and STX Norway Design  Florø 
AS to Westcon Group AS.

The order backlog of STX Norway Florø AS  was NOK 59 million at the end of  Q3 
2012 and the order book consisted  mainly of one offshore pipelay vessel,  the 
"Deep  Energy".  For   further  information  about   the  sold  entities   see 
http://www.stxeurope.com/sites/Floro/about/Pages/STX-Flor%C3%B8-in-brief.aspx.

The further details of the transaction are confidential.

Investor Relations:

Ju-Won Park
Deputy CFO
Tel: +47 21 02 15 21
E-mail: ju-won.park@stxeurope.com

This information is subject of the disclosure requirements acc. to §5-12  vphl 
(Norwegian Securities Trading Act)

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Source: STX Europe AS via Thomson Reuters ONE
HUG#1667717