MPC Container Ships ASA — Capital/Financing Update 2018

Jan 31, 2018

Vessel acquisition

Vessel acquisition

Oslo, 31 January 2018 - MPC Container Ships ASA (the "Company") is pleased to announce that it has today entered into an agreement to acquire a 2,800 TEU vessel built in 2006 at Hyundai Mipo Dockyard, South Korea (tbn "AS CLEMENTINA"). The purchase price for the vessel is USD 10.5m

Physical takeover of the vessel is anticipated to take place in the first quarter of 2018, lifting the fleet of the Company to 44 vessels.

Further information and contact: ir@mpc-container.com.