Delivery of vessel

Ocean Yield ASA is pleased to announce that it has taken delivery of the diving support and offshore construction vessel "SBM Installer". The vessel immediately entered into a 12-year bareboat charter guaranteed by SBM Holding Inc.SA.

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

About Ocean Yield:

Ocean Yield is a ship owning company with investments within oil-service and industrial shipping. The company focuses on modern assets with long-term charters to solid counterparties. The company has a significant contract backlog that offers visibility with respect to future earnings and dividend capacity. Ocean Yield has an ambition to pay attractive and growing quarterly dividends to its shareholders.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.