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2015-04-13

Saga Tankers ASA : APPROVAL OF INFORMATION MEMORANDUM

Reference is made to the stock exchange notice dated 26 February 2015
regarding a merger between Saga Invest Holding AS and Strata Marine&Offshore
AS, with settlement in shares in Saga Tankers ASA (the "Transaction
" and the "Company
") and the detailed stock exchange announcement regarding the Transaction
dated 4 March 2015.

An information document relating to the Transaction has been prepared by the
Company and approved by Oslo Børs on 13 April 2015.

The information document is enclosed hereto and will also be available at the
Company's website,www.sagatankers.no.

For further information, please contact:

CEO Espen Lundaas
+47 92 43 14 17

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

Information Memorandum Saga Tankers ASA
http://hugin.info/143211/R/1910726/681514.PDF

---------------------------------------

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: Saga Tankers ASA via Globenewswire

HUG#1910726

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