Gram Car Carriers ASA

Gram Car Carriers ASA: New share capital registered

Reference is made to the stock exchange notices by Gram Car Carriers ASA ("GCC")

on 29 November 2022 regarding completion of the acquisition of the mid-size car

carrier "Paglia", including the issuance of 563,218 new shares in GCC to F.

Laeisz GmbH at a subscription price of USD 17.4 (equal to approximately NOK

172.4) per share, as part settlement under the transaction (the "Consideration

Shares").

The share capital increase pertaining to the issuance of the Consideration

Shares has now been registered with the Norwegian Register of Business

Enterprises:

Share capital: NOK 85,357,580.78 (rounded)

Total number of shares: 29,285,022

Par value of each share: NOK 2.9147 (rounded)

Contacts:

CEO, Georg A. Whist

Telephone: +47 41 60 16 81

Head of Projects and IR, Mas Gram

Telephone: +47 95 41 00 93

About Gram Car Carriers:

GCC is the world's third-largest tonnage provider within the Pure Car Truck

Carriers (PCTCs) segment with 19 vessels, across the Distribution, Mid-size and

Panamax segments. The Company serves as a trusted provider of high-quality

vessels and logistics solutions ensuring safe, efficient and punctual shipment

of vehicles for a network of clients comprising of major global and regional

PCTC operators.

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act and the Euronext Rule Book part II.

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