Viking Supply Ships A/S lays up three PSVs

Press release
Due to a continued weak PSV market, Viking Supply Ships A/S has decided to lay
up the PSV vessels Idun Viking, Frigg Viking and Nanna Viking.

The vessels’ crew is provided by an external ship manager and the decision will
consequently not have any impact for crew employed in Viking Supply Ships A/S.
Viking Supply Ships A/S will support the ship manager in finding alternative
vessels for the crew members on the three vessels.

The decision will reduce the company’s operational costs going forward and will
give a positive impact on the results from fourth quarter 2015, with full effect
expected from first quarter 2016.

For further information please contact:

Christian W. Berg, CEO, ph. +45 41 77 83 80, e-mail
christian.berg@vikingsupply.com

Morten G. Aggvin, IR & Treasury Director, ph. +47 41 04 71 25, e-mail
ir@vikingsupply.com
Viking Supply Ships AB (publ) is a Swedish company with headquarter in
Gothenburg, Sweden. Viking Supply Ships A/S is a subsidiary of Viking Supply
Ships AB (publ). In addition Viking Supply Ships AB (publ) has the subsidiary
TransAtlantic AB. The operations are focused on offshore and icebreaking
primarily in Arctic and subarctic areas as well as on RoRo and container feeder
services mainly between the Baltic Sea and the Continent. The company has in
total about 750 employees and the turnover in 2014 was MSEK 3,190. The company’s
B-shares are listed on the NASDAQ Stockholm, Small Cap segment. For further
information, please visit: www.vikingsupply.com

Viking Supply Ships AB is obliged to make this information public according to
the Financial Markets Act and/or the Financial Instruments Trading Act (Sw:
lagen om värdepappersmarknaden and lagen om handel med finansiella instrument).
Viking Supply Ships A/S is obliged to make this information public according to
the agreement with the bond holders in VSS01, listed on Nordic ABM at Oslo Stock
Exchange. The information was submitted for publication on 23rd September, 2015
at 21:00 pm.