Songa Offshore ASA (OSL:SONG) Fleet Update

Songa Offshore ASA (OSL:SONG) In its third quarter 2008 report the Company reported operating efficiency for October. In November the following was achieved:

Songa Venus has achieved operating efficiency of 93% in November. The rig is still operating for Santos, currently expected to continue until mid-December.

Songa Mercur has achieved operating efficiency of 100% in November. The rig is currently undergoing planned DNV / UWILD inspections started in Dampier on November 29, this activity is expected to last nine days, inclusive of tow from and to the field.

Songa Saturn has achieved operating efficiency of 99% in November. The rig is still operating for Hess in Libya, and this is expected to continue until year-end.

Deepsea Delta has achieved operating efficiency of 100% in November.

Songa Dee and Deepsea Trym, which are currently bareboated out, have operated as normal during the month.

Oslo, 2008-12-01

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Songa Offshore ASA

http://www.songaoffshore.no

ISIN: NO0010268451

Stock Identifier: XOSL.SONG