Customer declares option

Reference is made to the stock exchange announcement of 28
September 2016, where it was announced that Havyard Ship
Technology had entered into a contract for the construction
of a workboat for the Scottish ship owner Inverlussa Marine
Services. It was further announced that the contract
contained an option for the building of a sister vessel.

The customer has now declared the above mentioned option,
where the estimated delivery time will be in September
2017. Consequently, the contract provides an important
contribution to the activity at the shipyard within the
present year.

For further information, please contact:

Lars Conradi Andersen
Sales Director, Havyard Ship Technology AS
Mobile: +47 97 71 24 12