Bermuda, 26 April 2016: Avance Gas (OSE: AVANCE) announces that the Annual Report for the financial year ended 31 December 2015 is published today.

A pdf-version of the Annual Report is attached and is also available on the company's website www.avancegas.com.

For further queries, please contact:

Christian Andersen, President

Tel: +47 22 00 48 05 / Email: c.andersen@avancegas.com

Peder C. G. Simonsen, CFO

Tel: +47 22 00 48 15 / Email: p.simonsen@avancegas.com

ABOUT AVANCE GAS

Avance Gas Holding Ltd operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world's leading owners and operators of very large gas carriers (VLGCs), operating a fleet of 14 modern VLGC.

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