Notice from Bondholders’ Meeting in Viking Supply Ships A/S


Press release
Yesterday afternoon a Bondholders’ meeting was held pursuant to summons of 31
August 2016.

There were sufficient Bondholders present at the meeting to form a quorum. The
proposed resolution obtained 98.26% of the votes, and the proposal was adopted
according to the voting requirements of the Bond Agreement. The Bond Agreement
will therefore be changed as set out in the summons to the meeting.

According to the proposal, 50% of the outstanding par value of bonds will be
converted to quoted class B shares in Viking Supply Ships A/S’ parent company,
Viking Supply Ships AB, at SEK 1.5 per share, the bonds being valued at 55% of
par. The remaining 50% of the outstanding bonds will be redeemed in cash at a
price corresponding to 35% of par.

For further information, please contact:

Ulrik Hegelund, CFO, ph. +45 41 77 83 97, e-mail
ulrik.hegelund@vikingsupply.com

Morten G. Aggvin, IR & Treasury Director, ph. +47 41 04 71 25, e-mail
mga@vikingsupply.com

Viking Supply Ships AB (publ) is a Swedish company with headquarter in
Gothenburg, Sweden. Viking Supply Ships A/S is a subsidiary of Viking Supply
Ships AB (publ). In addition Viking Supply Ships AB (publ) has the subsidiary
TransAtlantic AB. The operations are focused on offshore and icebreaking
primarily in Arctic and subarctic areas as well as on Shipping services mainly
between the Baltic Sea and the Continent. The company has in total about 500
employees and the turnover in 2015 was MSEK 1,977. The company’s B-shares are
listed on the NASDAQ Stockholm, Small Cap segment. For further information,
please visit: www.vikingsupply.com

This information is information that Viking Supply Ships AB is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was submitted
for publication, through the agency of the contact person set out above, at
08:30 CET on 15 September 2016.