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Havila Shipping ASA

Capital/Financing Update Jul 19, 2016

3618_iss_2016-07-19_2182e07e-889b-489f-9ee3-4cf4a0033066.html

Capital/Financing Update

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Havila Shipping ASA : Amendment to the contract for the subsea vessel "Havila Phoenix"

Havila Shipping ASA : Amendment to the contract for the subsea vessel "Havila Phoenix"

Havila Shipping ASA has agreed with DeepOcean changes to the chartering contract

for the subsea vessel Havila Phoenix.

The agreement reduces the payable dayrate for period in exchange for a contract

extension.

Contacts:

CEO Njål Sævik +47 909 35 722

CFO Arne Johan Dale +47 909 87 706

of Havila Shipping bonds has now a nominal value of NOK 3 million.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#2029322]

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