Fairstar Heavy Transport N.V. Receives Unanimous Vote at Bondholders' Meeting Approving All Amendments

Reference is made to the summons to bondholders' meeting dated 8 November 2011 for the proposed amendments to FRN Fairstar Heavy Transport N.V. Senior Unsecured Bond Issue 2010/2013 (ISIN 001 059133.2). The bondholders' meeting held on 23 November 2011 at 13:00 CET unanimously resolved to approve the amendments in accordance with the Company's proposals. Please find attached notice from the bondholders' meeting. For further information please contact: Philip Adkins, CEO (philip.adkins@fairstar.com) Web:www.fairstar.com Tel: +31 (0)10-403 5333 *** Profile Fairstar Heavy Transport Fairstar Heavy Transport N.V. is a leading provider of marine heavy transport solutions, specializing in high-value cargoes for the offshore and onshore energy and construction industries. Fairstar owns and operates two of the most modern semi-submersible heavy transport ships in the global fleet, FJORD and FJELL. The 50,000DWT, open-stern semi-submersible vessels FORTE and FINESSE are currently under construction with Guangzhou Shipbuilding International in China and will be owned and operated by Fairstar when they are delivered in 2012. Fairstar is based in Rotterdam and quoted on the Oslo Stock Exchange (ticker: FAIR). Press release (PDF): http://hugin.info/143837/R/1566220/486296.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Fairstar Heavy Transport NV via Thomson Reuters ONE [HUG#1566220]