Press Release

Issued by Offshore Helicopter Services UK.

February 21, 2013

Bond Offshore Helicopters Ltd, one of the UK's leading providers of energy support services, is delighted to announce that it has been awarded a new contract with BW Offshore.

This new contract, worth in the region of £16 million, is to provide crew change support for the BW Offshore (UK) Limited Floating Production Storage and Offtake (FPSO) vessel Athena which is located at the Athena Field. BW Offshore maintain production at the field, located approximately 180 kilometres north-east of Aberdeen, on behalf of Ithaca Energy.

Operations are due to commence from Aberdeen Airport in March 2013, with a new-to-fleet AW139 medium category helicopter, for an initial contract period of three years with options to extend.

Oil produced at Athena is transported from the BW Athena FPSO by shuttle tankers to the onshore Nigg storage facility, operated by Ithaca Energy.

Luke Farajallah, managing director, Bond Offshore Helicopters, said: "I am delighted with this new contract, our first of 2013, which cements our strong existing relationship with BW Offshore. We look forward to further growth over the course of the year".

Richard Mintern, chief executive officer, Northern Europe and Asia Pacific, Avincis Group said: "This new win is the latest in a fantastic recent run of success for Bond, coming on the back of the new contract with Perenco in the Southern North Sea, as well as contract renewals by long-standing air ambulance customers in Scotland and the Midlands. As it grows Bond is also investing in staff and cutting-edge equipment, in order to continue providing the optimum level of service to its customers".