Songa Offshore SE : Songa Offshore SE : Songa appoints a new Executive Vice President

 Songa Offshore SE : Songa Offshore SE : Songa appoints a new Executive Vice
                                  President

Songa Offshore SE today announced the recruitment of Jan Rune Steinsland as
new Executive Vice President of Songa Offshore SE. Steinsland will report to
interim CEO Jens A. Wilhelmsen and work alongside CFO Geir Karlsen to
strengthen the company's financial control and reporting structures.

- "As we have been quite open about, Songa is presently pursuing several
different options for financing of our new Category D rigs, currently under
construction by DSME in South Korea. Such work requires competent and time
consuming efforts from our financial management. At the same time, we need to
strengthen financial control and improve our reporting structures. Through the
appointment of Jan Rune Steinsland, we will significantly strengthen our
financial team whilst freeing up time and capacity for Geir Karlsen to focus
on the funding side of the company", says chairman and interim CEO, Jens A
Wilhelmsen.

Mr Steinsland will be based in Limassol at the company's corporate headquarter
and take up his position on the 20th May 2013.

Jan Rune Steinsland has significant international industry experience and a
strong track record from executive positions. From 2006, he has held the
position as CFO at Ocean Rig, in period of great expansion and development,
including an IPO and listing on NASDAQ. Prior to that, he was CFO at Acta
Holding ASA, a position he held for six years. From 1988 to 2000, Jan Rune
Steinsland had several management positions at ExxonMobil, including Financial
Analyst, Financial Reporting Manager, Vice President Accounting and Audit
Advisor. Jan Rune Steinsland holds a Master of Business Administration from
University of St. Gallen and is Certified European Financial Analyst (AFA)
from The Norwegian Society of Financial Analysts/Norwegian School of Economics
and Business Administration.

For further information, please contact:

Chairman and interim CEO, Jens A Wilhelmsen, Tel+357 2520 7754 mobile +357
9764 9126



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

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Source: Songa Offshore SE via Thomson Reuters ONE
HUG#1697145
 
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