Klaveness Combination Carriers — Capital/Financing Update 2019

Jan 30, 2019

Klaveness Combination Carrier AS new debtor in KSH03 PRO bond issue

Klaveness Combination Carrier AS new debtor in KSH03 PRO bond issue

KSH03 PRO: Oslo, 30 January 2019: With reference to the announcement made on 16 January 2019, Klaveness Ship Holding AS (KSH) announces that effective from today, Klaveness Combination Carriers AS (KCC) will be the new debtor of the NOK 300 million senior unsecured bond issue (ISIN: NO0010779549, Ticker: KSH03 PRO). The ticker will be updated. The existing loan provided by the existing issuer, KSH, to KCC of USD 36 mill will as a consequence of the debtor change be settled.

An Extraordinary General Meeting in Klaveness Combination Carriers AS was held today Wednesday 30 January 2019. Enclosed is the Minutes of the Meeting.

For questions please contact:

Liv Dyrnes, CFO Torvald Klaveness, telephone +47 22 52 61 51