STX Europe AS : STX Europe Announcement

                   STX Europe AS : STX Europe Announcement

"STX Europe AS has closed the sale of 50.75% of the shares in STX OSV Holdings
Ltd. to Fincantieri Oil & Gas S.p.A. announced on 21 December 2012.
Approximately NOK 640 million of the sales proceeds has been depositedwith
Norsk Tillitsmann ASA for the purpose of repaying bond loans falling due on 5
April 2013."

Contact information:

STX Europe AS
Karenslyst allé 57
P.O. Box 453 Skøyen
Oslo, Norway

Investor Relations:

Ju-Won Park
Deputy CFO
Tel: +47 21 02 15 21

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


This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: STX Europe AS via Thomson Reuters ONE
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