Mandatory Notification of Trade

Mr. Dag Halstensen, Site Manager, has purchased shares

Mr. Dag Halstensen, Site Manager, has on January 30, 2009 purchased 2500 shares in Nexus Floating Production Ltd at a price of NOK 6,40 pr.share.  Following this transaction Mr. Halstensen holds 5500 shares in Nexus Floating
Production Ltd.

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