OCEAN YIELD; STABILISATION NOTICE


05 Jul 2013
Reference is made to stock exchange notice of 1 July 2013, in which Ocean Yield ASA ("Ocean Yield" or the "Issuer", OSE symbol: OCY) announced the successful completion of its initial public offering (the "Offering").Pareto Securities AS (the "Stabilisation Manager") may, on behalf of the Joint Bookrunners for offering, engage in stabilisation activities of the shares of Ocean Yield from today 5 July 2013 to and including 2 August 2013 (the "Stabilisation Period"). Any such stabilisation transactions will be aimed at supporting the market price of the shares of Ocean Yield.In connection with the Offering, the Joint Bookrunners have over-allotted 3,350,000 shares in Ocean Yield, which equals 10% of the number of the shares sold in the Offering before over-allotments. In order to permit the delivery in respect of over-allotments made,the Stabilisation Manager borrowed a number of shares from Aker ASA equal to the number of the over-allotted shares.  Further, the Stabilisation Manager, on behalf of the Joint Bookrunners, has been granted an over-allotment option (the "Over-Allotment Option")by Aker ASA which entitles the Joint Bookrunners, at the request of the Stabilisation Manager, to purchase from Aker ASA upto 3,350,000 shares in Ocean Yield at a price per share of NOK 27, which is equal to the final offer price that applied to the Offering (the "Offer Price").  The Over-Allotment Option may be exercised at the end of the Stabilisation Period. The Stabilisation Manager may close out the short position created by over-allotting shares by buying shares in the open market through stabilisation activities and/or by exercising the Over-Allotment Option. The Stabilisation Manager (or persons acting on behalf of the Stabilisation Manager) may effect transactions that stabilise or maintain the price of the shares of Ocean Yield at a level higher than that which might otherwise prevail, by buying shares in Ocean Yield or associated instruments in the open market at prices equal to or lower than (but not above) the Offer Price. However, there is no obligation on the Stabilisation Manager (or any person acting on behalf of the Stabilisation Manager) to do so. Moreover, there is no assurance that the Stabilisation Manager (or persons acting on behalf of the Stabilisation Manager) will undertake stabilisation activities.  If stabilisation activities are undertaken they may be stopped at any time, and must be brought to an end upon or before expiry of the Stabilisation Period. Within one week after the end of the Stabilisation Period, the Stabilisation Manager will publish a statement through the information systemof the Oslo Stock Exchange under the Issuer's trading symbol with information as to whether or not any stabilisation activities have been undertaken, including the date at which stabilisation started, the date at which stabilisation last occurred, and the price range within which stabilisation was carriedout for each of the dates during which stabilisation transactions were carried out.Any stabilisation activities will be conducted in accordance with section 3-12 of the Norwegian SecuritiesTrading Act and Commission Regulation (EC) No. 2273/2003 implementing Directive 2003/6/EC of the European Parliament and of the Council as regards exemptions for buy-back programmes and stabilisation of financial instruments.For further details see the prospectus dated 7 June 2013 issued by Ocean Yieldin connection with the Offering and the listing of its shares on the Oslo Stock Exchange.  Pareto Securities AS