Mandatory offer - offer document approved

Oslo Børs, in capacity as take-over supervisory authority, has approved offer set out in offer document dated 14 March 2019 in respect of:

Mandatory offer to acquire the shares in Belships ASA made by Kontrari AS and Kontrazi AS

Offer price: NOK 7.00 per share

Offer period: From and including 15 March 2019 to 16:30 hours (CET) on 12 April 2019

Receiving agent: DNB Markets, Registrar Department

The offer document will be sent to all shareholders registered in the company's shareholder register in the VPS as of the date of the offer document, who may legally receive the document. The offer document may also be obtained free of charge during ordinary business hours at the offices of the receiving agent, DNB Markets, Dronning Eufemias gate 30, 0191 Oslo, Norway, T: +47 23268020, e-mail: retail@dnb.no, or sent by mail by contacting the receiving agent.