Solvang ASA has agreed to sell 37,5% of its ownership share in Partrederiet Clipper Sirius DA. New ownership share in the company will be 18,75%. The sale will generate a profit of approximately USD 2.9 million in the accounts for second quarter 2016.

Stavanger 23rd of February 2016
Solvang ASA

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