Polarcus Receives Letter of Award for 3D Seismic Acquisition, Two Ice-Class Vessels, Offshore Sakhalin

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that JSC Dalmorneftegeophysica ("DMNG"), which has a joint cooperation agreement with Polarcus, has entered into a contract for 3D marine seismic acquisition services for a major energy company offshore Sakhalin.

The program, requiring two Polarcus A-Class vessels, will commence in Q2 2015 and is expected to run for approximately 4 months (equivalent 8 vessel months).

For more information, visit www.polarcus.com.