Nordic American Offshore Declares Dividend

Maritime Activity Reports, Inc.

October 20, 2014

Nordic American Offshore Ltd. today announced that its board of directors has declared a dividend of $0.45 per common share for the third quarter 2014. This is the same as for the second quarter 2014. The payment of dividend is expected to take place on or about November 21, 2014 to shareholders of record as of November 7, 2014.

The company expects to release its 3Q2014 earnings report before NYSE opens October 30, 2014.

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