Wallenius Wilhelmsen

Wilh. Wilhelmsen ASA (WWASA): Wallenius Wilhelmsen Logistics has reached a settlement with the US Department of Justice.

As previously communicated, joint venture companies

Wallenius Wilhelmsen Logistics (WWL, owned 50% by

WWASA) and EUKOR Car Carriers (owned 40% by WWASA),

have been two of several shipping companies under

investigation by the Department of Justice (DOJ) for

alleged anti-competitive behaviour in the car carrying

industry.

The investigation revealed instances of conduct

contrary to company policy and in breach of US

competition laws. Accordingly, WWL has decided to

reach a settlement with the DOJ, covering activities

from February 2000 to September 2012. By this

agreement, the company agrees to pay USD 98.9 million

in fines (USD 49.5 million accounts for WWASA's share)

and to provide continued support to the DOJ

investigation.

The settlement also closes the DOJ investigation into

EUKOR Car Carriers. EUKOR Car Carriers will not

receive a fine. WWASA made a provision for the outcome

of the investigation in the third quarter 2015.

Consequently, the fine will not have a profit and loss

effect for WWASA in 2016.

FOR FURTHER INFORMATION, PLEASE VISIT Wallenius

Wilhelmsen Logistics' website (www.2wglobal.com).

Media enquiries:

Marius Steen, corp. communications Wilh. Wilhelmsen

Holding ASA

Tel. +47 959 65 379

IR enquiries

Benedicte Bakke Agerup, CFO WWASA

Tel. +47 915 48 029

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