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Flex LNG Ltd.

Transaction in Own Shares Jan 4, 2011

31998_mrq_2011-01-04_a2040a6b-953c-4c41-8bbe-0ff31bd59403.html

Transaction in Own Shares

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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%.

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