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2015-05-22

Höegh LNG: Höegh LNG - Issuance of shares to Directors as part remuneration

Reference is made to the Annual General Meeting of Höegh LNG Holdings Ltd.
(the "Company") held 12 May 2015 and a subsequent Board Meeting approving the
issuance of shares to each of the below listed Directors (the "Directors") of
the Company as part remuneration for services rendered by them for the period
22 May 2014 (2014 AGM) to 12 May 2015 (2015 AGM).

Each Director received 754 shares on 22 May 2015. The shares constitute a
total remuneration of USD 10,000, based on a price per share of NOK 99.00
(the number of shares equal to the number, which could be purchased on Oslo
Børs for USD 10,000 on close of business on 12 May 2015 with an exchange rate
of NOK 7.4691 per US dollar (being the exchange rate quoted on the Norges
Bank website 12 May 2015)).

The share capital of the Company following the share issue is increased by USD
37.70, from USD 698,988.27 to USD 699,025.97. The new number of issued shares
following the issuance of 3,770 new shares is 69,902,597.

The following Directors has received shares (the number of shares held by the
respective Director after the share issue is included in brackets):

* Morten W. Høegh (4,356 shares. Please also see below.)
* Leif O. Høegh (4,356 shares. Please also see below.)
* Guy D. Lafferty (4,356 shares. In addition, Interstellar Enterprises
Limited, which is directly controlled by a family trust under which Guy
Lafferty is the primary beneficiary, holds a total of 67,060 shares.)
* Andrew Jamieson (4,356 shares)
* Ditlev Wedell-Wedellsborg (4,356 shares. In addition, Ditlev
Wedell-Wedellsborg owns 11,800 shares in the Company through Niki Invest
Aps.) and 16,210 common units in Höegh LNG Partners LP through DWW Landbrug
Aps.

Disclosing regarding Morten W. Høegh and Leif O. Høegh

Leif Höegh&Co. Ltd., which is indirectly controlled by Leif O. Høegh and a
family trust under which Morten W. Høegh is the primary beneficiary, holds a
total of 31,174,789 shares, representing 44.60% of the shares in the Company
and 287,500 common units in Höegh LNG Partners LP.

In addition, the following co-investment vehicles for management of Höegh
Capital Partners, indirectly controlled by Leif O. Høegh and a family trust
under which Morten W. Høegh is a primary beneficiary, holds shares in the
Company as follows:

* Brompton Cross IV Limited 28,500 shares, representing 0.04% of the shares
in issue.
* Brompton Cross V Limited 28,500 shares, representing 0.04% of the shares in
issue.
* Brompton Cross VI Limited 31,916 shares, representing 0.05% of the shares
in issue.
* Brompton Cross VII Limited 40,800 shares, representing 0.06%of the shares
in issue.

Aequitas Investments Limited, which is indirectly controlled by Leif O. Høegh
and a family trust under which Morten W. Høegh is the primary beneficiary,
holds 65,000 common units in Höegh LNG Partners LP. In addition, Aequitas
Investments Limited has ownership in the Company through its ownership in
Leif Höegh&Co. Ltd., Brompton Cross IV Limited, Brompton Cross V Limited,
Brompton Cross VI Limited and Brompton Cross VII Limited.

About Höegh LNG:

Höegh LNG provides floating energy solutions and operates world-wide with a
leading position as owner and operator of floating LNG import terminals;
Floating storage and regasification units (FSRUs). The Company has developed
low-cost solutions for floating liquefaction terminals (FLNG) and is one of
the most experienced operators of LNG Carriers (LNGCs). Höegh LNG's vision is
to be the leading provider of floating LNG solutions and the strategy is to
continue to focus its growth plans on the FSRU and the FLNG market, with the
objective of securing long-term contracts with strong counterparts at
attractive returns. Höegh LNG is a Bermuda based company with established
presence in Oslo, Singapore, London, Miami, Jakarta, Klaipeda and Cairo. The
company employs approximately 95 office staff and 500 seafarers

Contacts:

Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47
975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406
Birgitte Hjertum, VP Strategy and Investor Relations, Telephone +47 975 57 432

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of
Oslo Børs

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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: Höegh LNG via Globenewswire

HUG#1923510

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