STOCK EXCHANGE ANNOUNCEMENT - FOR IMMEDIATE RELEASE              

                        Third Point Offshore Investors Limited                     
                                    (the "Company")                                

                                  Total Voting Rights                              
                                    31st March 2016                                

    In conformity with the FCA's Disclosure and Transparency Rules (the "Rules"),
    the Company would like to notify the market of the following:

    The Company's issued share capital consists of the following:

      * 47,722,539 US Dollar Ordinary Shares with one voting right per share.
      * 31,815,047 US Dollar B Shares with one voting right per share.
      * 1,819,647 Sterling Ordinary Shares with two voting rights per share.
      * 1,213,110 Sterling B Shares with two voting rights per share.

    The total number of voting rights in the Company is therefore 85,603,100

    There are no shares held in treasury.

    The above figure may be used by shareholders as the denominator for the
    calculation by which they will determine if they are required to notify their
    interest in, or a change to their interest in, the Company under the Rules.



    Website:            www.thirdpointpublic.com


    Franczeska Hanford
    Northern Trust International Fund Administration Services (Guernsey) Limited
    Tel:          +44 (0) 1481 745918
    Email:      FK26@ntrs.com