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PRELIMINARY RESULT OF VOLUNTARY OFFER

February 20, 2014



PRELIMINARY RESULT OF VOLUNTARY OFFER

21 February 2014 - Reference is made to the voluntary offer made by Car Carrier Investments AS (the "Offeror") to purchase all the outstanding shares in Norwegian Car Carrier ASA (the "Company") at a price of NOK 2.22 per share (the "Offer") as set out in the offer document dated 23 January 2014, as amended (the "Offer Document"). The offer period in the Offer expired on 20 February 2014 at 16:30 hours (CET). Preliminary counts indicate that the Offeror has received acceptances for a total of 155,657,573 shares since the commencement of the offer period, representing 64.3% of all the issued shares of the Company. Together with the shares comprised by the conditional share purchase agreement with Klaveness Ship Investment AS (72,260,197 shares), the Offeror accordingly holds right to 227,917,770 shares in the Company, representing 94.1% of all the issued shares of the Company. The final result of the Offer is expected to be announced on Wednesday 26 February 2013.



The terms and remaining conditions (being the conditions of the Offer other than those previously reported to have been met or waived) of the Offer are set out in the Offer Document. In accordance with the Offer Document, the Offeror will issue a notification through the Oslo Stock Exchange as soon as each of the remaining conditions for completion of the Offer has been met, waived or failed to be met.

For further information, please contact: Carl Petter Finne, CEO - Klaveness Marine Holding AS +47 97046927

J Michael Stepp, Vice President - J.P. Morgan Global Maritime Investment Fund +44 (0)77883 56052

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Source: Oslo Bors Newsfeed


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