Scanship Holding ASA : Mandatory notification of trade for primary insider

TECO Group AS, a company controlled by Mr. Tore Enger, the chairman of the board
of Scanship Holding ASA, has on 7 May 2017 agreed to sell 31,500,000 shares in
Scanship Holding ASA at a price NOK 1.9365 per share. Following completion of
the transaction, TECO Group AS holds 3,500,000 shares in Scanship Holding ASA,
equal to 3.66 % of the outstanding shares in Scanship Holding ASA.

This disclosure is made pursuant to section 4-2 of the  Norwegian Securities
Trading Act.