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Klaveness Combination Carriers

Capital/Financing Update • Jan 16, 2019

3644_rns_2019-01-16_2a849287-1d16-4b48-8015-81c947cacd1a.html

Capital/Financing Update

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Klaveness Ship Holding AS – ISIN: NO0010779549 – Change of Debtor

KSH03 PRO: Oslo, 16 January 2019: With reference to the announcement 2 January 2019, please find attached a notice from Nordic Trustee with respect to the Written Resolution. The proposal was accepted by the bondholders and the NOK 300 million senior unsecured bond issue (ISIN: NO0010779549, Ticker: KSH03 PRO) will change debtor from Klaveness Ship Holding AS to Klaveness Combination Carriers AS. The debtor change is expected to take place within the end of January 2019.

Pareto Securities AS acted as financial advisor to Klaveness Ship Holding AS.

For questions please contact:

Liv Dyrnes, CFO Torvald Klaveness, telephone +47 22 52 61 51