Havila Shipping ASA: Havi04 - Cash sweep redemption

Pursuant to the bond agreement for FRN Havila Shipping ASA Senior Secured
Callable Bond Issue 2010/2016 the company will carry out a cash sweep redemption
as follows:

Redemption amount:          NOK        1,472,443
Redemption price:               100% (par) plus accrued interest
Redemption date:               04.08.2017
Record date:                        02.08.2017

The cash sweep redemption will be carried out pro rata.


Contact:
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.