Vow ASA - Share Issue/Capital Change 2018

Scanship Holding ASA : Stock options exercised

A total number of 135 000 stock options were exercised at strike price NOK 3.20

per share in accordance with the Company's outstanding employee stock option

program of 2014.

The Company's board of directors has resolved a capital increase of NOK 13 500

in order to issue 135 000 new shares, at the exercise price of NOK 3.20.

The capital increase is expected to be registered within 7 days, and following

the issuance of the new shares, the issued share capital of Scanship Holding ASA

will be NOK 9 564 052.5 consisting of 95 640 525 shares, each with a par value

of NOK 0.10.

None of the persons that exercised stock options are primary insiders.

For further queries, please contact:

Henrik Badin - CEO

Scanship Holding ASA

Tel: +47 90 78 98 25

ABOUT SCANSHIP HOLDING ASA

Scanship delivers world leading solutions for cleaner oceans in the Cruise and

Aquaculture industries. Scanship provides advanced technologies for processing

waste and purifying wastewater. Owners operating Scanship systems have the

solution to convert all waste and wastewater into clean energy and purified

water which meets the highest international discharge standards. Any residuals

from the Scanship processes can be recovered for reuse.

This information is subject to the disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act.

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