Fjord Defence Group ASA

Notice of Dividend Amount • Mar 1, 2018

Songa Bulk ASA: Key information relating to the cash dividend

Songa Bulk ASA: Key information relating to the cash dividend

Oslo, 1 March 2018: Reference is made to the announcement by Songa Bulk ASA (the "Company") published earlier today regarding the notice of an extraordinary general meeting with a proposed resolution on distribution of dividend in the amount of NOK per share equivalent to USD 0.10, in total USD 3,586,000.

Dividend amount: NOK equivalent to USD 0.10 per share

Declared currency: NOK

Last day including right:22 March 2018

Ex-date: 23 March 2018

Record date: 26 March

Payment date: 4 April 2018

Date of approval: 22 March 2018

The resolution is proposed with a dividend amount stated in NOK and will be paid in NOK. The Company will disclose the proposed NOK amount equivalent to USD 0.10 per share in a separate stock exchange announcement prior to the general meeting.

For further information, please contact:

Herman Billung

hb@blystad.no

This information is published in accordance with the Oslo Børs' Continuing Obligations for stock exchange listed companies.