Call notice for KSH01

Oslo 9 December 2016 - Call notice for "FRN Klaveness
Ship Holding AS Senior Unsecured Bond Issue 2013/2018"
with ISIN NO 0010675986 and ticker KSH01 PRO
(the "Bond Issue or the "Bonds")

With reference to the stock exchange notices of 22
November 2016, Klaveness Ship Holding AS hereby
informs it has, with effect as of today, exercised the
call option for redeeming the Bond Issue in whole.
Pursuant to section 10.2 of the bond agreement
pertaining to the Bond Issue, the Bond Issue will be
redeemed at 103.00% of par value (plus accrued
interest on the redeemed amount) with settlement
expected to occur on 23 January 2017.


For further information, please contact:
Lasse Kristoffersen (CEO, Torvald Klaveness), Tel:+47
22 52 62 38
Rebekka Glasser Herlofsen (CFO, Torvald Klaveness),
Tel.: +47 22 52 64 41