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GulfMark Offshore Announces Annual Cash Dividend Of $1.00 Per Share In 2012, Quarterly Dividend Of $0.25 In 2013 And Stock Repurchase Program

GulfMark provides marine transportation services to the energy industry through a fleet of offshore support vessels serving every major offshore energy industry market in the world.

The GulfMark Offshore, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7000

This press release contains certain forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, which involve known and unknown risks, uncertainties and other factors. Among the factors that could cause actual results to differ materially are: price of oil and gas and their effect on industry conditions; industry volatility; fluctuations in the size of the offshore marine vessel fleet in areas where GulfMark operates; changes in competitive factors; delay or cost overruns on construction projects and other material factors that are described from time to time in GulfMark's filings with the Securities and Exchange Commission, including GulfMark's Form 10-K for the year ended December 31, 2011 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2012, June 30, 2012 and September 30, 2012. Consequently, the forward-looking statements contained herein should not be regarded as representations that the projected outcomes can or will be achieved.

CONTACT: Michael Newman
         Investor Relations
         E-mail: Michael.Newman@GulfMark.com
         (713) 963-9522

GulfMark Offshore, Inc. Logo

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