Mandatory Notification of Trade

Mr. Dag Halstensen, Site Manager, has purchased shares

Mr. Dag Halstensen, Site Manager, has on November 6th, 2008 purchased 1 000 shares in Nexus Floating Production Ltd at a price of NOK 24 per share. 
Following this transaction Mr. Halstensen holds 3 000 shares in Nexus Floating Production Ltd.

For further information, please contact:
   Arild Bårdsen
   Chief Financial Officer
   Mobile                         +47 92 66 75 90