Reference is made to the Stock Exchange release on August 27, 2021 regarding the
agreed term sheet for refinancing of Eidesvik Offshore ASA's debt (the
"Release").

Eidesvik Offshore ASA has completed the final documentation in accordance with
the term sheet and as further described in the Release, and the new terms for
the company's financing have become effective.

Bømlo, September 10, 2021

Contacts:
CEO Jan Fredrik Meling (+47 916 75 119)
CFO Tore Byberg (+47 475 09 012)


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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