Allocation of shares to primary insiders in a private placement

Oslo, 19 June 2017 - Reference is made to the announcement published
by MPC Container Ships AS (the "Company") on 19 June 2017 regarding
the decision of the Company´s extraordinary general meeting to issue
15,000,000 new shares in a Private Placement (the "Private
Placement"). Shares issued in the Private Placement are allocated to
primary insiders and/or related parties as follows:

CSI Beteiligungsgesellschaft mbH, a company related to Dr. Axel
Schroeder (board member) and related parties, was allocated
4,480,000 shares. The total shareholding is 9,503,000 shares.

A fund managed by Ironsides Partners LLC, a company controlled by
Robert Knapp (board member), was allocated 200,000 shares. The total
shareholding is 1,107,000 shares.

Further information and contact: ir@mpc-container.com