Tallink Grupp

Delivery of Megastar

Tallinn, 2017-01-24 14:00 CET (GLOBE NEWSWIRE) --

Delivery of Megastar

AS Tallink Grupp's subsidiary Tallink Line Ltd. today took delivery of the new

LNG fast passenger ferry Megastar from Meyer Turku Oy shipyard in Turku,

Finland.

The 212 metres long Megastar has capacity for 2800 passengers and car deck for

800 passenger vehicles. The ship has modern dual-fuel engines capable of

running on LNG (liquefied natural gas) and marine diesel oil. Using LNG as a

main fuel enables to lower emissions and reduce energy consumption. Megastar

will comply with the current and future emission regulations for the ECAs

(Emission Control Area), including the Baltic Sea.

On board of the Megastar, there will be four different travel classes ?

standard Star Class, upgraded Comfort Class, exclusive Business Lounge and a

new area, Sitting Lounge. There is 2800 sq.m Traveller Superstore shopping area

through two decks with new self-service solutions, seven restaurants, cafes and

bars. A special area with a playroom is available for the kids and on garage

level a kennel for the pets.

The new ship has a service speed of 27 knots and will operate in existing

Tallink Shuttle service schedule on Tallinn-Helsinki route, replacing the fast

ferry Superstar.

The cost of the ship is around EUR 230 million and the purchase is financed

with a loan of EUR 184 million from Finnish Export Credit Ltd., the credit is

guaranteed by Finnish Export Credit Agency ?Finnvera? and arranged by Nordea

Bank Finland Plc. The long-term loan was drawn down today at the delivery, the

maturity of the loan is twelve years and bears OECD Commercial Interest

Reference Rate (CIRR) based fixed interest rate.

Megastar is co-financed by European Union, the Connecting Europe Facility,

Transport ? Motorways of the Sea.

Megastar starts operation on Tallink Shuttle service on 29th of January 2017,

travelling between Helsinki and Tallinn, she will be the most advanced ferry in

the Baltic Sea.

Veiko Haavapuu

Finance Director

AS Tallink Grupp

Sadama 5/7

10111 Tallinn, Estonia

Tel. +372 640 9914

AI Terminal