AMSC ASA — Director's Dealing 2014

Nov 21, 2014

American Shipping Company ASA : Primary Insider Disclosure

American Shipping Company ASA : Primary Insider Disclosure

Dag F. Wittusen, CEO of American Shipping Company ASA ("AMSC" or the "Company"),

has today acquired 200,000 shares in AMSC, through his wholly controlled company

Beddingen Finans AS. The price per share was NOK 42.97, which implies a total

consideration of NOK 8,593,860.

Following the transaction, Beddingen Finans AS holds a total of 313,216 shares

in AMSC, constituting approximately 0.52% of the Company's shares and votes.

***

The information contained herein is subject to the disclosure requirements of

section 4-2 of the Norwegian Securities Trading Act.

[HUG#1873433]