Hunter Group ASA

Regulatory Filings • Jul 3, 2020

Hunter Group ASA - Hunter Idun Delivered

Hunter Group ASA - Hunter Idun Delivered

Oslo, 3 July 2020

Hunter Tankers AS (the "Company"), a wholly owned subsidiary of Hunter Group

ASA, is pleased to announce that the delivery process of "Hunter Idun" (NB No.

5467) was successfully completed today at 0200 CET. Hunter Disen is the sixth of

seven identical ECO design VLCC newbuildings from Daewoo Shipbuilding & Marine

Engineering ("DSME") in South Korea. The Company's final newbuilding is

scheduled to be delivered in August 2020. Hunter Idun commenced it's six-month

time charter ("TC") immediately following delivery from the yard.

Contact:

Erik A.S. Frydendal, CEO, ef@huntergroup.no, Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, lb@huntergroup.no, Ph.: +47 932 60 882

This information is subject to disclosure requirements pursuant to section 5-12

of the Norwegian Securities Trading Act.