Belships

AGM Information • Oct 5, 2018

Belships ASA : Notice of extraordinary general meeting - approval of merger plan and share capital increase

Belships ASA : Notice of extraordinary general meeting - approval of merger plan and share capital increase

Oslo, 5 October 2018

Reference is made to the extended stock exchange announcement by Belships ASA

("Belships" or the "Company") on 4 October 2018 regarding the merger between

Belships Chartering AS, a wholly-owned subsidiary of Belships (as the assignee

company) and LHS Holdco AS, LHS Holdco II AS, LHN Holdco 1 AS and LHN Holdco 2

AS (as the assigning companies), against issuance of consideration shares in the

Company (the "Merger").

The merger plan and the share capital increase pertaining to the Merger is

subject to approval by the general meeting of Belships and the board of

directors calls for an extraordinary general meeting of the Company to be held

on:

26 October 2018 at 12:00 hours (CET) at the offices of the Company in

Lilleakerveien 4, Oslo.

The notice of extraordinary general meeting and attendance form/proxy form are

enclosed and will also be made available on www.belships.com. The notice will be

sent to all shareholders with known address.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.