Havila Shipping ASA : Placement of new NOK 100 million unsecured bond issue

Havila Shipping ASA has successfully completed the issuance of a new NOK 100 million senior unsecured bond loan.

Settlement will be 20th December 2012 with maturity date 31st March 2015.

The net proceeds from the bond will be used for refinancing of debt and for general corporate purposes.

An application will be made for the bonds to be listed on the Oslo ABM. RS Platou Markets is acting as arranger of the bond issue.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.