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Havila Shipping ASA - Mandatory notification of trade

CFO Arne Johan Dale has on behalf of himself and related
parties subscribed for bonds with nominal value of NOK 3 million at par in new bond loan that will be issued by Havila Shipping ASA.

Chartering & Operation Manager Runar Smådal, Technical Manager Svein Rune Smådal and Finance Manager Helen Kvalsund Vike have subscribed for bonds with nominal value of NOK 1 million each at par in the same loan.

Havila Shipping ASA has subscribed for bonds with nominal value of NOK 24.5 million at par in the same loan.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

HAVILA SHIPPING ASA P.O.Box 215 N-6099 Fosnavaag Tel.: +47 70 08 09 00 Fax: +47 70 08 09 01 E-mail: office@havila.no Duty Ph: +47 70 08 09 28