Fred. Olsen Energy ASA: Report for the 3rd Quarter 2014

Regulatory News:

Fred. Olsen Energy ASA (OSE:FOE):

Figures in USD

FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF USD 151 MILLION IN 3Q 2014

HIGHLIGHTS

· Revenues were 335 million

· EBITDA was 151 million

· Operating profit (EBIT) was 15 million

· Profit before tax was 4 million

· Earnings per share were negative 0.12

· Impairment of Borgny Dolphin of 43 million

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