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Scanship Holding ASA : Scanship Holding ASA's ongoing process regarding strategic alternatives

Reference is made to the stock exchange notice of 18 April 2017 in which

Scanship Holding (the "Company") announced that it was in exclusive negotiations

based on a binding offer from a Bidder to buy all outstanding shares in the

Scanship AS and its subsidiaries in the US and Poland, subject to certain

conditions being fulfilled, as set out in the offer and briefly summarised in

the stock exchange notice of 18 April 2017.

The granted period for exclusive negotiations lapsed at close of business on 5

May. The ongoing negotiations with the Bidder have not been terminated and

continue on a non-exclusive basis.

For further information contact:

Tore Enger, Chairman of the Board

About Scanship Holding:

Scanship Holding is a maritime industry leader in advanced technologies

for processing waste and purifying water. Owners operating our systems have

the solution to convert all waste and wastewater to inert materials,

recyclables, clean flue gas and effluent, which meets the highest international

discharge standards.

Norwegian Cruise Line, Royal Caribbean International, TUI, Carnival Cruise

Line, Costa Asia, P&O Australia, MSC, Viking Ocean Cruises, Hurtigruten and

Silversea are all being delivered with Scanship technology for environmental

compliance.

Our new technologies will recover energy and water, providing tangible

payback from the operations. We strive for the highest quality, best innovation

and sustainable solutions.

This information is subject to the disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act.

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