Barry W.Ridings, who is a Director of the Board of Siem Offshore Inc., has today purchased 39,235 shares in Siem Offshore Inc. (SIOFF) at a nominal price of NOK 4.2171 per share. Total purchase price is NOK 165,457.92. Following the purchase Mr Ridings owns 39,235 shares equal to 0.02% of the shares issued.

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