Reference is made to announcement by Songa Bulk AS
("Songa Bulk", Merkur: SBULK-ME) on 1 February 2017 in
respect of purchase of vessel Songa Glory, directed
share issue, and appointment of new director.
Following up on such announcement, North East Star
Maritime Ltd. (as further described in the notice by
Songa Bulk) hereby gives notice that it has taken
delivery of 1,000,000 shares of Songa Bulk on 7
February 2017, such shareholding representing 6.305%
of the shares and votes of Songa Bulk. North East Star
Maritime Ltd. had no prior holding in Songa Bulk and
does not hold any rights to additional shares or votes.