Awilco LNG

Earnings Release • May 10, 2019

ALNG - Q1 2019 report

ALNG - Q1 2019 report

The Awilco LNG Group (Awilco LNG ASA together with its subsidiaries) today reports unaudited results for the three months ended 31 March 2019.

Highlights for Q1 2019 (Q4 2018):

- Net freight income of MUSD 8.4 (MUSD 10.4)

- EBITDA of MUSD 5.0 (MUSD 7.1)

- Net profit/(loss) of MUSD (3.4) (MUSD (1.2))

- Vessel utilisation of 90 % (84 %)

Oslo, 10 May 2019

For further information please contact:

CFO Øyvind Ryssdal

Phone: +47 920 14 029

About Awilco LNG ASA

Awilco LNG is a Norwegian based LNG transportation provider, owning and operating LNG vessels intended for international trade. The Company owns two 2013 built 156,000 cbm TFDE membrane LNG vessels, WilForce and WilPride.