Havila Shipping ASA

Regulatory Filings • Jan 19, 2016

Havila Shipping ASA : Withdrawal of summons to bondholders' meetings

Havila Shipping ASA : Withdrawal of summons to bondholders' meetings

Reference is made to the press release dated 5 January 2016 and summons to

bondholders' meetings in the following bond issues:

* Havila Shipping ASA 11/17 8,60% C - ISIN NO0010605025 (HAVI06),

* Havila Shipping ASA 11/17 FRN C - ISIN NO0010605033 (HAVI07),

* Havila Shipping ASA 10/16 FRN C - ISIN NO0010590441 (HAVI04) and

* Havila Shipping ASA 12/16 FRN - ISIN NO0010657174 (HAVI08 PRO) (the "Bond

Issues").

Based on uncertainty regarding sufficient support for the proposal in one or

more of the bondholders' meetings, the Company has notified the Trustee that it

withdraws the summons for all Bond Issues. The Company still aims to reach an

agreement with its bondholders within the previously announced deadline of 31

January 2016.

For further information, please contact:

Njål Sævik, CEO Tel: +47 909 35 722

Arne Johan Dale, CFO Tel: +47 909 87 706

[HUG#1979936]