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Awilco LNG Earnings Release 2015

May 13, 2015

3548_rns_2015-05-13_df01451d-596c-429f-8308-fbbc53f0ec61.html

Earnings Release

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ALNG - Q1 2015 report

ALNG - Q1 2015 report

Highlights first quarter

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

freight income of MUSD 12.1 (MUSD 17.7 in Q4 2014) and

EBITDA of MUSD 5.5 (MUSD 8.5 in Q4 2014).

- Vessel utilisation of 67 % compared to 78 % in Q4 2014

(trading vessels).

Oslo, 13th May 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 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.