Flex LNG Ltd. — Major Shareholding Notification 2011

Jan 4, 2011

Disclosure of holdings

Pursuant to the Norwegian Securities Act Section 3-2

and Regulations of 18 December 2002, Capital Group

International Inc has done the following transaction.

On 31 Decemeber 2010, 550,906 shares were disposed,

resulting in a shareholding of 5,617,732 shares,

amounting to 4.9695%.