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Bondholders approving deferral of interest payments

Reference is made to the press-release of 25 June 2009

Reference is made to the press-release of 25 June 2009 in which Nexus Floating Production Ltd. ("Nexus" or  the "Company") published a summons to a  bondholders meeting related to the Company's USD 175 million second lien bond  loan asking for a deferral of the interest payments due 24 June 2009. In the bondholders meeting held today for the Bond Loan, the proposal to defer the interest payment dates until 6 July 2009 for the USD 175 million second lien bond loan was approved.

For further information, please contact:

   Anders Holm, CEO
   aho@nexusfp.no
   +47 90 60 50 72

   Arild BĂ„rdsen, CFO
   aba@nexusfp.no
   +47 92 66 75 90