Havila Shipping ASA

Regulatory Filings • Jan 5, 2016

Havila Shipping ASA : Summons to bondholders meeting in conjunction with the announced financial restructuring

Havila Shipping ASA : Summons to bondholders meeting in conjunction with the announced financial restructuring

Fosnavåg, 5 January 2016

Reference is made to the press release outlining the agreement with Havila

Shipping ASA's secured and unsecured bank lenders, released earlier today.

Find attached summons to bondholders meetings for the Company's outstanding

bonds:

* Havila Shipping ASA 11/17 8,60% C - ISIN NO0010605025 (HAVI06),

* Havila Shipping ASA 11/17 FRN C - ISIN NO0010605033 (HAVI07),

* Havila Shipping ASA 10/16 FRN C - ISIN NO0010590441 (HAVI04) and

* Havila Shipping ASA 12/16 FRN - ISIN NO0010657174 (HAVI08 PRO) (the "Bond

Issues").

The meetings will be held 20 January 2016 for the approval of the Refinancing

and the appurtenant amendments to the bond terms. Attached to the summons is a

company presentation outlining the Refinancing.

Swedbank Norway is engaged as the Company's financial advisor in connection with

the Refinancing and Wikborg Rein & Co Advokatfirma DA is engaged as the

Company's legal advisor.

For further information, please contact:

Havila Shipping ASA:

Arne Johan Dale, CFO

Tel: +47 909 87 706

E-mail: ajd@havila.no

Swedbank Norway:

Fred Lund, , Fixed Income Sales

Tel: +47 23 11 62 88

E-mail: fred.lund@swedbank.no

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1976830]