Viking Supply Ships

Regulatory Filings • Mar 14, 2016

Press release

14 March 2016

Viking Supply Ships A/S lays up two PSVs.

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 tord.ytterdahl@vikingsupply.com

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

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.

Swedish head office: Danish head office: Norwegian office: Russian office: Canadian office Viking Supply Ships AB Box 11397 – Lilla Bommen 4a 40428 Gothenburg Sweden

Viking Supply Ships A/S Islands Brygge 57 2300 Copenhagen Denmark

Tel.: +45 72 31 20 13 Reg no: 33369794

Viking Supply Ships AS PB 204, Kirkegaten 1 4662 Kristiansand Norway Tel.: +47 38 12 41 70

Reg no: 981240030

Viking Supply Ships Ltd Khlebniy Perulok 19A 121069 Moscow Russia

Tel.: +7 495 6916811 Reg no: 110774-6094

Viking Supply Ships 139 Water Street St. John's, NL A1C 5J9 Canada

Tel.: +1 709 631 9984 Reg.no: CAN 71705

Tel.: +46 (0)31 - 763 2300 Reg no: 556161-0113