Philly Shipyard — AGM Information 2016

Mar 22, 2016

Philly Shipyard ASA: Annual General Meeting Information

Philly Shipyard ASA: Annual General Meeting Information

The shareholders in Philly Shipyard ASA are invited to attend the annual general

meeting (AGM) to be held on Wednesday April 13, 2016 at 14:00h (CET) at

Advokatfirmaet BA-HR DA, Tjuvholmen allé 16, 0252 Oslo, Norway.

Please find attached the following documents:

1. AGM documents, which includes the AGM notice, attendance form, proposed

resolutions, nomination committee recommendations, and guidelines for

remuneration to executive management.

The attachments, as well as the registration link, will also be made available

on the company's webpage, www.phillyshipyard.com.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1996572]