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Vow ASA Major Shareholding Notification 2017

May 8, 2017

Major Shareholding Notification

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Mandatory notification of trade

Ingerø Reiten Investment Company AS ("IRIC") has today

agreed to acquire 31.500.000 shares in Scanship Holding ASA

(SSHIP.NO) at NOK 1.9365 per share, representing an

ownership of 32.98% in the company.

IRIC and related parties did not own any shares in Scanship

Holding ASA prior to this transaction, and following the

transaction holds 31.500.000 shares in total.