MPC Container Ships ASA

MPC Container Ships Invest B.V. summons to bondholders' meeting

Oslo/Rhoon, 19 June 2020 - MPC Container Ships Invest B.V., a wholly-owned

subsidiary of MPC Container Ships ASA, has requested Nordic Trustee AS as Bond

Trustee and Security Agent to summon to a bondholders' meeting for 3 July 2020

in respect of its USD 200,000,000 senior secured bond issue, MPCBV01 - ISIN NO

0010805872 (the "Bond"), in the context of proposing certain amendments to the

terms of the Bond, as set out in the attached copy of the summons and

presentation prepared in connection with the bondholders' meeting.

The background for the proposed amendments to the terms of the Bond is the

adverse impact on the MPCC group's liquidity which the COVID-19 pandemic has

had, and continues to have, by causing significantly reduced charter rates and

utilisation of the group's fleet due to lower containerized freight volumes.

DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS have been

appointed as financial advisors to MPC Container Ships ASA and MPC Container

Ships Invest B.V.

For further queries, please contact:

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code "MPCC") was formed in April 2017. Its main

activity is to own and operate a portfolio of container ships with a focus on

the feeder segment between 1,000 and 3,000 TEU. The company is registered and

has its business office in Oslo, Norway.

About MPC Container Ships Invest B.V.:

MPC Container Ships Invest B.V. was formed in September 2017 as a wholly-owned

subsidiary of MPC Container Ships ASA. The company's main activity is to own and

operate a portfolio of container ships with a focus on the feeder segment

between 1,000 and 3,000 TEU. On 14 June 2018, MPC Container Ships Invest B.V.

listed its USD 200 million senior secured bond with ISIN NO0010805872 on the

Oslo Stock Exchange (ticker code "MPCBV").

For more information, please see our webpage: www.mpc-container.com.

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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