Songa Offshore SE (OSL:SONG) Songa Offshore has today transferred its total return swap (TRS) with Carnegie Investment Bank AB Norway Branch to Nordea Bank Norge ASA (Nordea). The TRS was renewed or rolled over with Nordea for 2,845,965 shares. The new TRS expires on 19 March 2009.

Oslo, 2008-12-19

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

Songa Offshore SE

http://www.songaoffshore.no

ISIN: NO0010268451

Stock Identifier: XOSL.SONG

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