Wilh. Wilhelmsen ASA - M&A Activity 2017

WWI/WWIB: Profit split related to Walenius Lines AB sale of shares in Wallenius Wilhelmsen Logistics ASA

With reference to stock exchange notices issued 22 December

2016 and 4 April 2017 as well as stock exchange notices 19

and 20 April 2017, Wallenius Lines AB have reduced its

shareholding in Wallenius Wilhelmsen Logistics ASA by 43 104

939 shares.

Wallenius Lines AB and Wilh. Wilhelmsen Holding ASA now hold

38.7% of the shares in Wallenius Wilhelmsen Logistics ASA

respectively. Other shareholders hold the remaining 14.2% of

the shares.

As part of the agreement announced 22 December 2016,

Wallenius Lines AB and Wilh. Wilhelmsen Holding ASA agreed

that for 75% of the shares sold the parties would split any

upside above NOK 32.50 per share. As the shares were placed

at NOK 40 per share, approximately USD 14 million will be

included as a non-recurring gain in Wilh. Wilhelmsen Holding

ASA's accounts for the second quarter.

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