AMSC ASA — Major Shareholding Notification 2018

Apr 26, 2018

DISCLOSURE OF LARGE SHAREHOLDINGS, RIGHT TO SHARES AND VOTING RIGHTS PURSUANT TO SECTION 4-3 OF THE ACT ON SECURITIES TRADING

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	American Shipping Company ASA
2. Reason for the notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	The Goldman Sachs Group, Inc.
4. Full name of shareholder(s) (if different from 3.):	Goldman Sachs & Co. LLC
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	24 April 2018
6. Date on which issuer notified: 25 April 2018
7. Threshold(s) that is/are crossed or reached: Below 5%

8. Notified details:
A: Voting rights attached to shares
Class/type shares	of	Situation previous to the transaction	Triggering		Resulting situation after the triggering transaction
if possible using the ISIN CODE		Number of Shares	Number of Voting Rights viii	Numbe r of shares	Number of voting rights ix

			Direct	Direct x	Indirect xi	Direct	Indirect
NO0010272065	3,508,379	3,508,379			Below 5%		Below 5%

% of voting rights

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period/ Date xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)
Number of voting rights	% of voting rights
Below 5%	Below 5%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable xv:

N/A

Proxy Voting:
10. Name of the proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	General email contact: RegOpsEMEA-RnM@gs.com
14. Contact name:	Kashif Rafiq
15. Contact telephone number:	+44 207 051 0547