Klaveness Combination Carriers

Share Issue/Capital Change • Jun 26, 2019

Klaveness Combination Carriers ASA: New registered share capital

Klaveness Combination Carriers ASA: New registered share capital

Oslo, 26 June 2019: Reference is made to the stock exchange notice issued by Klaveness Combination Carriers ASA (the "Company") on 21 June 2019 regarding issuance of shares in the Company following exercise of the over-allotment option granted in connection with the listing of the shares in the Company on Oslo Axess.

The share capital increase related to the issuance of these new shares has now been registered with the Norwegian Register of Business Enterprises and the Company's registered share capital is NOK 48,027,000, divided into 48,027,000 shares, each with a par value of NOK 1.00.

For further queries, please contact:

Engebret Dahm, Managing Director,

Telephone +47 22 52 62 62

Lasse Kristoffersen, Chairperson,

Telephone + 47 22 52 62 38

About Klaveness Combination Carriers ASA:

KCC is the world leader in combination carriers, owning and operating currently nine CABU and one CLEANBU combination carriers with another seven CLEANBU combination carriers on order with scheduled delivery in the period 2019 - 2021. KCC’s combination carriers are built for transportation of both wet and dry bulk cargoes, being operated in trades where the vessels efficiently combine dry and wet cargoes with minimum ballast. In wet mode the CABUs are designed to carry heavy liquid cargoes, such as caustic soda solution (the “CSS”), while the CLEANBUs are designed to carry both clean petroleum products (the “CPP”) and CSS.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.