Ocean Yield ASA: Purchase of treasury shares

Reference is made to Ocean Yield ASA's ("OCY" or the "Company") stock exchange notice on 6 May 2015 where OCY announced its intent to purchase up to 150,000 treasury shares in connection with its incentive scheme for employees. OCY has 8 May purchased 40,000 shares in the Company on Oslo Børs at an average price of NOK 55.4384 per share, which implies a total consideration of NOK 2,217,536. The purchase of treasury shares was carried out in accordance with an authorization granted by the Annual General Meeting of the Company held 22 April 2015.

Following the transaction OCY holds a total of 133,070 treasury shares, constituting approximately 0.10% of the Company's shares and votes.

The information contained herein is subject to the disclosure requirements of section 4-2 of the Norwegian Securities Trading Act.