Viking Supply Ships

Viking Supply Ships A/S lays up two PSVs

Press release

Due to a continued weak PSV market, Viking Supply Ships A/S has decided to lay

up the PSV vessels Sol Viking and Freyja Viking with immediate effect.

The decision will reduce the company's operational costs going forward and will

give a positive impact on the results from second quarter 2016.

For further information please contact:

Tord Ytterdahl, CEO, ph. +47 91 36 96 57, e-mail [email protected]

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

Viking Supply Ships AB is obliged to make this information public according to

the Financial Markets Act and/or the Financial Instruments Trading Act (Sw:

lagen om värdepappersmarknaden and lagen om handel med finansiella instrument).

The information was submitted for publication on 14 March 2016 at 08:30 am.

AI Terminal