Viking Supply Ships

Viking Supply Ships A/S Summons to bondholders' meeting

Press release

With reference to previous communication related to the ongoing financial

restructuring of Viking Supply Ships A/S (VSS), the company is pleased to

announce that the term sheet which has previously been agreed with the banks now

has been signed by all parties. This marks an important step towards the

completion of a long term restructuring of VSS and the main outstanding issue is

now to reach an agreement with the bondholders in VSS 01 Pro.

On this basis, Viking Supply Ships A/S has convened a bondholders' meeting for

bondholders in ISIN NO 001 0638158 - FRN Viking Supply Ships A/S Senior

Unsecured Open Bond Issue 2012/2017 to propose amendments to the bond agreement.

A copy of the summons, including main terms of the bank term sheet, is attached.

For further information please contact:

Ulrik Hegelund, CFO, ph. +45 41 77 83 97, e-mail

Morten G. Aggvin, IR & Treasury Director, ph. +47 41 04 71 25, e-mail

Viking Supply Ships AB (publ) is a Swedish company with headquarter in

Gothenburg, Sweden. Viking Supply Ships A/S is a subsidiary of Viking Supply

Ships AB (publ). In addition Viking Supply Ships AB (publ) has the subsidiary

TransAtlantic AB. The operations are focused on offshore and icebreaking

primarily in Arctic and subarctic areas as well as on Shipping services mainly

between the Baltic Sea and the Continent. The company has in total about 500

employees and the turnover in 2015 was MSEK 1,977. The company's B-shares are

listed on the NASDAQ Stockholm, Small Cap segment. For further information,

please visit: www.vikingsupply.com

This information is information that Viking Supply Ships AB is obliged to make

public pursuant to the EU Market Abuse Regulation. The information was submitted

for publication, through the agency of the contact person set out above, at

08:30 CET on 12 July 2016.

AI Terminal