Primary Insider disclosure

The following primary insiders (or their related parties  
as described below) have, as part of the company's  
incentive program, agreed to buy shares in Ocean Yield ASA  
("the Company") from the Company:
 
* Lars Solbakken, CEO, has (through his wholly owned  
company Finmarine AS) agreed to buy 28 862 new shares in  
Ocean Yield ASA at a price of NOK 51.80 per share. After  
this transaction, Lars Solbakken owns 1 155 879 shares in  
the Company (all shares are owned indirectly through the  
wholly owned company Finmarine AS).
 
* Eirik Eide, CFO, has (through his wholly owned company  
Kleiver Invest AS) agreed to buy 9 183 new shares in Ocean  
Yield ASA at a price of NOK 51.80 per share. After this  
transaction, Eirik Eide owns, directly or indirectly, 225  
506 shares in the Company.
 
* Marius Magelie, Vice President, has through his wholly  
owned company MGM Invest AS agreed to buy 3 935 new shares  
in Ocean Yield ASA at a price of NOK 51.80 per share.  
After this transaction, Marius Magelie owns, directly or  
indirectly, 61 029 shares in the Company.
 
The purchase of shares is made as part of the Company's  
management incentive program. The purchase price equals  
the closing share price of the Ocean Yield share on 10th  
July 2015, less a discount of 20%, reflecting that the  
shares have a lock-up period of three years. The share  
price as of close 10th July 2015 was NOK 64.75.
Following this transaction, Ocean Yield holds 86 450  
treasury shares, equal to 0.06% of the outstanding shares  
in the Company.  
 
This information is subject of the disclosure requirements  
pursuant to section 4-2 of the Norwegian Securities  
Trading Act.
    
 
For further information, please contact:
Lars Solbakken, CEO of Ocean Yield ASA
Phone: +47 24 13 01 90
E-mail: lars.solbakken@oceanyield.no
 
Eirik Eide, CFO of Ocean Yield ASA
Phone: +47 24 13 01 91
E-mail: eirik.eide@oceanyield.no