Farstad Shipping ASA will present the 4Q 2011 and the preliminary accounts 2011

Friday 17th February at 9 a.m,

at the Norwegian Shipowner's Association, Oslo.

The presentation will be held by CEO Karl-Johan Bakken and CFO Torstein L. Stavseng.

Breakfast will be served  in connection with the presentation. Please register to Wenche Sæther, e-mail: wenche.sether@farstad.com or by telephone +47 70 11 75 10.

For the sake of good order we inform that the accounts will be published Thursday 16th February.

Farstad Shipping's fleet currently consists of 56 vessels (32 AHTS, 21 PSV and 3 SUBSEA) and 6 PSV and 2 AHTS under construction. The company's operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de Janeiro with a total of 1970 employees engaged onshore and offshore. The company's strategy is to be a leading quality provider of large, modern offshore service vessels to the oil industry. The company maintains a long-term charter profile for the fleet.

www.farstad.com