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Fjord Defence Group ASA Director's Dealing 2017

May 18, 2017

3569_dirs_2017-05-18_34bd0013-99f2-4442-a37b-86cc1fe4b8dd.html

Director's Dealing

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Primary Insider Notification

Primary Insider Notification

Oslo, 18 May 2017

SBULK-ME: Primary insider notification.

Arne Blystad, chairman of the board of Songa Bulk ASA ("Songa

Bulk"), through companies controlled by him, transferred 25,000

shares of Songa Bulk to each of AGMABLY AS, AKB AS and JJB AS, in

total 75,000 shares. The buyers are companies controlled by members

of Arne Blystad's immediate family. The transfer was made in

connection with the last private placement in Songa Bulk on the 10th

of February and the price was NOK 42 per share. The transfer was

made directly between the seller and buyers.

The total shareholding controlled by Arne Blystad is 4.711.900 of

shares.