Extraordinary General Meeting of Deep Sea Supply Plc was held on the 21st of June 2007 at the Company's registered office in Limassol, Cyprus. The Extraordinary General Meeting has been completed, and all proposals on the agenda were adopted, cf. the notice that was sent to Oslo Stock Exchange on the 22nd of May 2007. It was approved that a distribution of NOK 0,20 per share is paid out by way of reducing the Company`s share premium account. Settlement is expected to take place in end of July 2007. The shares in Deep Sea Supply Plc will be quoted ex-dividend from today, the 22nd of June 2007. Deep Sea Supply Plc, 22 June 2007 For further information, please contact: Finn Amund Norbye, CFO E-mail: [email protected]