Awilco LNG

Earnings Release • Aug 27, 2014

ALNG - Q2 2014 REPORT

ALNG - Q2 2014 REPORT

Highlights second quarter

- Awilco LNG ASA (Awilco LNG or the Company) reported

freight income of MUSD 19.9 (MUSD 20.2 in Q1 2014)

and an EBITDA of MUSD 10.9 (MUSD 10.7 in Q1 2014).

- WilEnergy charter extended until end September.

- WilGas commenced scheduled dry-dock in early June,

and sailed from the yard in mid-July.

- Vessel utilisation of 94 % (trading vessels,

excluding off-hire from scheduled dry-docking),

compared to 95 % in Q1 2014.

Oslo, 27th August 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.