Awilco LNG — Earnings Release 2015

Nov 17, 2015

ALNG- Q3 2015 REPORT

ALNG- Q3 2015 REPORT

Highlights third quarter

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

freight income of MUSD 8.3 (MUSD 7.3 in Q2 2015) and EBITDA

of MUSD 2.8 (MUSD 1.7 in Q2 2015).

- WilPower was sold and delivered to new owner on 30 July

- Vessel utilisation of 68 % compared to 34 % in Q2 2015

(trading vessels).

Oslo, 17th November 2015

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 two 125,000 cbm steam Moss type LNG

vessels; WilGas 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.