Viking Supply Ships

Related Party Transaction • May 7, 2015

Press Release May 7th, 2015

Contract award with the Swedish Maritime Authorities (SMA)

Viking Supply Ships has been awarded a management contract to operate the SMA icebreaker fleet for a period of seven years. The contract is a continuation of a current management which commenced in 2000. The contract is done at market terms.

The contract with the Swedish Maritime Authorities is considered to be a strategically important contract for Viking Supply Ships, and further confirms the company's position as one of the world's leading operators of ice-breakers and offshore vessels designed for arctic and harsh environments. The company now operates a fleet of five state-owned ice-breakers, three ice-breaking AHTS vessels, four ice-class 1A AHTS vessels and in addition five PSVs and one AHTS.

Investor Relations

Christian W. Berg, CEO, ph. +45 41 77 83 80

Viking Supply Ships AB (publ) is a Swedish company with headquarter in Gothenburg, Sweden. Viking Supply Ships AB (publ) is organised into five segments: Anchor Handling Tug Supply vessels (AHTS), Platform Supply Vessels (PSV), Services, Ship Management as well as the subsidiary TransAtlantic AB. The operations are focused on offshore and icebreaking primarily in Arctic and subarctic areas as well as on RoRo and container feeder services mainly between the Baltic Sea and the Continent. The company has in total about 800 employees and the turnover in 2014 was MSEK 3,190. The company's B-shares are listed on the NASDAQ Stockholm, Small Cap segment. For further information, please visit: www.rabt.se.

Viking Supply Ships AB is obliged to make this information public according to the Financial Markets Act and/or the Financial Instruments Trading Act (Sw: lagen om värdepappersmarknaden and lagen om handel med finansiella instrument). The information was submitted for publication on May 7th, 2015 at 08:50 am.