Fred. Olsen Energy ASA: Report for the 4th Quarter 2014 and Preliminary Results for 2014

Regulatory News:

Figures in USD

FRED. OLSEN ENERGY ASA (OSE:FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF 157 MILLION FOR THE 4TH QUARTER 2014 AND EBITDA OF 516 MILLION FOR THE YEAR 2014

HIGHLIGHTS FOR THE QUARTER

• Revenues were 298 million
• EBITDA were 157 million
• Operating profit (EBIT) was 71 million
• Profit before tax was 104 million
• Earnings per share were 1.4

Post quarter events:

• Suspending the dividend payment

This information was brought to you by Cision http://news.cision.com