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Havila Shipping ASA

Share Issue/Capital Change Mar 23, 2017

3618_rns_2017-03-23_019b5edb-fab0-4576-985c-4046fb6482cf.html

Share Issue/Capital Change

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Havila Shipping ASA: Listing of new shares

Havila Shipping ASA: Listing of new shares

Reference is made to Stock Exchange release on 22.03.2017 regarding Capital

increase after debt Conversion.

As per today, 23.03.2017, a total of 69,969,042 new share will be listed at Oslo

Stock Exchange as a result of completion of the transactons.

The number of listed shares increases from 1,207,183,999 to 1,277,153,041

shares, each at par value of NOK 0.01.

Contacts:

CEO Njål Sævik, +47 909 35 722

CFO Arne Johan Dale, +47 909 87 706

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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