Jacktel delivered 100% operational and financial utilization in the quarter.
Declaring dividend of USD 0.025 per share payable 11 June.

Jacktel Chairman, Harald Thorstein comments:

"The successful listing on Euronext Growth was an important milestone for
Jacktel. We believe we are well positioned to continue to create value for our
shareholders going forward. With a solid backlog and strong operations, Jacktel
will continue to pay dividends while paying $10m in annual debt amortization.
When the debt has been reduced from current $65 million down towards $50m, a
debt structure with significantly reduced amortization will be considered. This
will further increase our dividend capacity" 
 
Highlights for Q1: 

- 100% operational and financial utilization
 - Revenue of USD 15.9m 
- EBITDA of USD 8.8m
- Net profit of USD 2.3m

The report will also be available on the company's website:
www.jacktel.no/investor 

For further information, please contact: 

Harald Thorstein 
Chair 
Tel:+44 7557 284548 
ht@arkwright.uk 

or 

Bjørn Eie Henriksen
CEO, Macro Offshore 
Tel: +47 94 13 04 32 
bjorn.henriksen@macro-offshore.com 

or 

Daniel A Samuelsen 
CFO, Macro Offshore 
Tel: +47 91 75 83 01 
daniel.samuelsen@macro-offshore.com
91 75 83 01 \
daniel.samuelsen@macro-offshore.com\