Awilco LNG

Earnings Release • Nov 21, 2014

ALNG - Q3 2014 REPORT

ALNG - Q3 2014 REPORT

Highlights third quarter

- Awilco LNG ASA (Awilco LNG or the Company)

reported freight income of MUSD 20.8 (MUSD 19.9 in

Q2 2014) and an EBITDA of MUSD 10.9 (same as in Q2

2014).

- WilGas completed scheduled dry-dock in mid-

July at a total capital expenditure of MUSD 7.0.

- WilEnergy redelivered from charter in mid-

September.

- Vessel utilisation of 95 % (trading vessels,

excluding off-hire from scheduled dry-docking),

compared to 94 % in Q2 2014.

Oslo, 21st November 2014

For further information please contact:

CFO Snorre Schie Krogstad

Phone: +47 9085 8393

About Awilco LNG ASA

Awilco LNG is a Norwegian based pure play LNG

transportation provider, owning and operating LNG

vessels intended for international trade. The

Company currently owns two 156,000 cbm TFDE membrane

LNG vessels; WilForce and WilPride, and three

125,000 cbm steam Moss type LNG vessels; WilGas,

WilPower and WilEnergy. We have an industrial

approach and a long-term commitment to the sector.

The Company is listed on Oslo Axess with the ticker

code ALNG.