Marketing of Offshore Service Vessels

Immediate Release

NAUTILUS MARINE SERVICES PLC

 (the "Group" or "Nautilus")

Sale and Marketing Contract for Offshore Service Vessels

Nautilus Marine Services PLC (AIM: NAUT), announces that, further to the announcement on 31 May that it was considering "the potential sale of the currently owned offshore service vessels", it has entered into a sale and marketing contract with M&E Partners LLC and Dixon Marine Consulting, Ltd. in relation to its six offshore service vessels and related equipment (the "Assets"). It is anticipated that the Assets will be offered for sale at auction on or before 29 June 2019.

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The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.