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Havila Shipping ASA

Capital/Financing Update Feb 1, 2016

3618_iss_2016-02-01_67ae8b46-d65e-4ae6-9317-4fa6970b257d.html

Capital/Financing Update

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Havila Shipping ASA : Financial restructuring -extended deadline until and including 15.02.16

Havila Shipping ASA : Financial restructuring -extended deadline until and including 15.02.16

Reference is made to stock exchange announcement of 05.01.16.

In the announcement the deadline was set to 31.01.16 to agree with bond owners

and others.

The deadline is now extended until and including 15.02.16.

Contacts:

CEO Njål Sævik, (+47) 909 35 722

CFO Arne Johan Dale, (+47) 909 87 706

[HUG#1982448]

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