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17-10-2005 11:27:00

Sevan Marine ASA - Invitation to presentation of Q3 2005 result

Sevan Marine ASA informs that the result for the third quarter of

2005 will be published on October 20, 2005 at 8:00 a.m. CET.

Jan Erik Tveteraas, CEO and Egil Kvannli, CFO will on the same day at

1:00 p.m. give a presentation of the result at Shippingklubben,

Haakon VII`s gate 1, Oslo. The presentation will be in English.

The sound from the presentation will also be broadcasted LIVE on

www.sevanmarine.com and www.oslobors.no/webcast. Please log on to the

webcast 5 minutes in advance of the presentation start. Also please

download the presentation material from www.sevanmarine.com to view

it while listening to the conference.

If you wish to participate in the presentation in Oslo, please

confirm to Henriette Sandvaag by email: hsa@sevanmarine.com or by

phone: +47 51 94 49 66 within October 19, 2005.

For further information, please contact:

Jan Erik Tveteraas, CEO Sevan Marine ASA

Phone: +47 51 94 49 60 w

+47 95 21 49 25 m

Egil Kvannli, CFO Sevan Marine ASA

Phone: +47 51 94 49 64 w

+47 91 61 88 88 m

Sevan Marine ASA is an offshore technology company, which specializes

in the market for floating production and storage of oil and gas. The

Company has developed a new, cylinder shaped platform type named SSP

(Sevan Stabilized Platform), which is suitable for use in all sea

environments. Sevan Marine has offices in Tananger and Arendal,

Norway and in Rio de Janeiro, Brazil. The Company is listed on the

Oslo Stock Exchange with ticker SEVAN. For more information, please

refer to www.sevanmarine.com .

Copyright © Hugin ASA . All rights reserved.

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