Eqva ASA - Capital/Financing Update 2014

Successful placement of new unsecured bonds

Reference is made to the notification sent earlier

regarding Havyard Group ASA contemplating to issue a

new senior unsecured bond in the Norwegian bond

market.

Havyard Group ASA has successfully completed a new

senior unsecured bond issue of NOK 150 million with

maturity date in June 2017. The bond issue has a

coupon of 3 months NIBOR plus 5.50 per cent p.a. The

bond issue was oversubscribed. Settlement date is

expected to be 13 June 2014.

An application will be made for the bonds to be

listed on Nordic ABM.

As previously announced, the purpose of the bond

issue is to optimize the capital structure of the

company and will be used for general corporate

purposes of the group, hereunder part of the net

proceeds may be used for distribution to shareholders

and refinancing of existing debt arrangements.

Fearnley Securities AS acted as sole lead manager in

connection with the placement of the new bond issue.

For further information, please contact:

Havyard Group ASA: Geir Johan Bakke, CEO,

Tel: +47 48 18 00 11 or

Karl Eirik Hansen, CAO, Tel: +47 40 24 71 13

Fearnley Securities: Svein Erik Nordang,

Tel: +47 22 93 63 65

This information is subject of the disclosure

requirements pursuant to section 5-12 of the Norwegian

Securities Trading Act.

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