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Regulatory press release

SEAPT: Seacrest Petroleo Bermuda Limited is placed in Recovery Box

Seacrest Petroleo Bermuda
With reference to the recent announcements from Seacrest Petroleo Bermuda
Limited, Oslo Børs has decided to place the company in Recovery Box.

Recovery Box is a special compartment where Oslo Børs can place securities when
the Issuer is subject to circumstances that make pricing of the securities
particularly uncertain. Recovery Box is regulated in section 2.10.2 of Oslo Rule
Book II (Oslo Børs and Euronext Expand). The relevant security will remain in
the Recovery Box until the circumstances for the allocation to the Recovery Box
are no longer present.
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