Fred. Olsen Energy ASA: Report for the 3rd Quarter 2013

Regulatory News:

Fred. Olsen Energy: (OSE:FOE):

Figures in NOK

FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF 928 MILLION IN 3RD QUARTER 2013

HIGHLIGHTS

· Revenues were 1,839 million

· EBITDA was 928 million

· Operating profit (EBIT) was 567 million

· Profit before tax was 499 million

· Earnings per share were 7.3

· New two-well contract for Blackford Dolphin

· New nine-month contract for Blackford Dolphin

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