Conversion of Securities

Third Point Offshore Investors Ltd - Conversion of Securities

PR Newswire

London, October 25

Third Point Offshore Investors Limited (the “Company”)(A closed-ended investment company incorporated in Guernsey with registration number 47161)

LEI: 549300WXTCG65AQ7V644

25th October 2017Completion of 30th September 2017 Share Conversion

(Classified Regulated Information, under DTR 6 Annex 1 section 2.3)

Following the publication on 25th October 2017 of final month-end net asset values for

30th September 2017 the following share conversion ratios have been determined in accordance with the Articles of Incorporation of the Company for the purposes of the 30th September share conversion date:

On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be converted:

GBP 830 shares of no par value into 1,057 USD shares

The Company’s Articles of Incorporation provide that whenever a number of shares is converted from one currency class to another, a corresponding number of unlisted B shares shall be converted so as to maintain the set ratio of B shares to ordinary shares. On this basis, the following B shares will be converted:

GBP 553 shares of no par value into 705 USD shares

Following conversion of the relevant shares, the total number of shares in issue in each class will be as follows: - 47,343,046 US Dollar shares; and- 2,140,780 Sterling shares- 31,562,051 Dollar B shares; and- 1,427,201 Sterling B sharesThe Share conversion took place on 25th October 2017Enquiries:Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedFranczeska Hanford +44 148-174-5918Email: [email protected]