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2016-11-14

Golar LNG: Golar LNG Limited Launches Public Follow-On Offering of its Common Stock

Hamilton, Bermuda - (November 14, 2016) - Golar LNG Limited (the "Company")
(NASDAQ: GLNG) announced today the commencement of a registered offering of
5,700,000 shares of its common stock. As part of this offering, the
underwriters are selling 215,000 common shares to a member of the Company's
board of directors. The Company expects to grant the underwriters a 30 day
option to purchase up to an additional 855,000 common shares. The proceeds
of the offering are expected to be used to partly fund the settlement of the
Company's outstanding convertible bonds and will augment a recently received
commitment from Citibank N.A. to finance the remainder of the amounts
outstanding under the Company's convertible bonds through a new term loan
credit facility of up to $150 million.

Citigroup is acting as sole book-running manager. Clarksons Platou
Securities, Danske Markets and Evercore ISI are acting as joint lead managers
in the offering.

The Company has filed an effective shelf registration statement (including a
base prospectus) with the Securities and Exchange Commission (the "SEC")
related to the offering. Before you invest, you should read the base
prospectus in that registration statement, the prospectus supplement related
to the offering and the other documents incorporated by reference therein,
which the Company has filed with the SEC, for more complete information about
the Company and the offering. You may obtain these documents for free by
visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies may
be obtained from Citigroup, c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, New York 11717, or by calling (800) 831-9146.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy securities and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or sale is
unlawful. This offering may only be made by means of a prospectus supplement
and related base prospectus.

Forward-Looking Statements

This press release contains certain forward-looking statements.
Forward-looking statements include any statement that may predict, forecast,
indicate or imply future results, performance or achievements. The words
"believe," "anticipate," "intend," "estimate," "forecast," "project," "plan,"
"potential," "may," "should," "expect," "pending" and similar expressions
identify forward-looking statements. These statements involve known and
unknown factors and are based upon a number of assumptions and estimates that
are inherently subject to significant risks and uncertainties, many of which
are beyond the Company's control. Actual results may differ materially from
those expressed or implied by such forward-looking statements. Important
factors that could cause actual results to differ materially include, but are
not limited to, those risks and uncertainties described in the prospectus
supplement relating to the offering and from time to time in the reports and
other documents the Company files with the United States Securities and
Exchange Commission, including the Company's most recent Annual Report on
Form 20-F. New factors emerge from time to time, and it is not possible for
the Company to predict all of these factors. As a result, you are cautioned
not to rely on any forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise unless
required by law.

Hamilton, Bermuda
November 14, 2016
Enquiries:
Golar Management Limited: + 44 207 063 7900
Brian Tienzo
Stuart Buchanan

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Golar LNG via Globenewswire

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