AMSC ASA — AGM Information 2016

Apr 6, 2016

American Shipping Company ASA : Notice of Annual General Meeting

American Shipping Company ASA : Notice of Annual General Meeting

The shareholders in American Shipping Company ASA are invited to attend the

company's annual general meeting to be held on Wednesday April 27, 2016 at 9

a.m. (CET) at Advokatfirmaet BA-HR DA, Tjuvholmen Allé 16, 0252 Oslo, Norway.

Please find attached the following documents:

* Notice of the annual general meeting

* Form for notice of attendance/proxy

* The Board of Directors' proposed resolutions

* The statement from the Board of Directors regarding determination of salary

and other remuneration to the Senior Management

* The proposals from the Nomination Committee

* The 2015 Annual Report

The attachments will also be made available on the company's website at

www.americanshippingco.com.

***

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#2000764]