Havila Shipping ASA: Restructuring plan approved by bondholders

Reference is made to the stock exchange announcement on 29 November 2016 with
the summons to bond holder meetings in HAVI04, HAVI06/07 and HAVI08.

The bondholders' meetings have now been held with sufficient quorum. The
proposed resolutions obtained following percentage of the votes
Havi 04:      91.57%
Havi 06/07: 99.47%
Havi 08:      96.03%
according to attached Notice from Nordic Trustee ASA.

The bondholders have thereby approved the plan for the financial restructuring
of the company as described in the stock exchange announcement on 9 November
2016.

Swedbank Norge and Fearnley Securities are the company's financial advisors in
connection with the restructuring. The company's legal advisor is Wikborg Rein.

The company's contact persons are:
CEO Njål Sævik, +47 909 35 722
CFO Arne Johan Dale, +47 909 87 706


This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act.