MPC Container Ships ASA

Capital/Financing Update • Feb 1, 2018

Contemplated tap issue

Contemplated tap issue

Oslo, 1 February 2018 - MPC Container Ships ASA (MPCC), through its fully owned subsidiary MPC Container Ships Invest B.V., is contemplating a tap issue of up to USD 100 million in the senior secured bond "MPC Container Ships Inve 17/22 FRN USD C" (ISIN NO 0010805872 with maturity 22 September 2022). The current outstanding amount is USD 100 million and the borrowing limit is USD 200 million.

The net proceeds from the contemplated bond issue will be used for acquisition of additional container vessels.

DNB Markets and Fearnley Securities have been retained as joint lead managers for the contemplated transaction.

For further information, please contact: ir@mpc-container.com.