Mandatory notification of trade, primary insider share transactions:

Hansa LNG Limited, a BVI registered company, has on 9
August purchased 138,000 shares in FLEX LNG Limited
at a price of NOK 4.50 per share. After the
transaction Hansa LNG Limited holds a total of
1,138,000 shares in FLEX LNG Ltd (representing
1,138,000/112,910,912*100 =1.0% of the shares
outstanding). In addition Hansa LNG Limited holds
6,631,455 warrants and 2,000,000 options in FLEX LNG
Ltd. Hansa LNG Limited is controlled by the Founders
(Philip Fjeld, Jostein Ueland and Trym Tveitnes, all
primary insiders) of FLEX LNG Ltd.