Fjord Defence Group ASA

Capital/Financing Update • Dec 11, 2017

Interest Adjustment

To: Oslo Børs Reference: OSE Date: 2017-12-11 13:46:29

Det er fastsatt ny rente for følgende lån:

	Lånenavn	Ny rentesats		Renteperiode	Dager	Ticker
ISIN		(Referanse + Margin)		(fra og med – til)
NO0010795891	FRN Songa Bulk ASA Senior Secured Callable Bond Issue 2017/2022	6,06347%	(1,56347+4,50 )	13.12.2017 - 13.03.2018	90	SBULK01

Den nye rentesats (og rentebindingsperiode) er fastsatt i henhold til avtale, jf. låneavtalens og tegningsinnbydelsens/lånebeskrivelsens bestemmelser.

Interest Adjustment

New interest has been set for:

ISIN	Official Name	New Coupon		Period	Days	Ticker
		(Reference + Margin)		(from and including – to)
NO0010795891	FRN Songa Bulk ASA Senior Secured Callable	6,06347%	(1,56347+4,50	13.12.2017 - 13.03.2018	90	SBULK01
	Bond Issue 2017/2022		)

The new interest rate and period have been set in accordance with the bond agreement; see the loan agreement and loan prospectus/description for regulations.

Med vennlig hilsen / Best regards

For Nordic Trustee (NO)

Cecilie Natalie Haug Guldberg