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Viking Supply Ships AB: Mr. Trond Myklebust appointed as new CEO of Viking Supply Ships AB

Press release

The Board of Directors of Viking Supply Ships AB has appointed Mr.
Trond Myklebust as Chief Executive Officer (CEO). Mr. Myklebust will
also act as CEO in Viking Supply Ships A/S, and will take over the
responsibilities as CEO in both companies ultimo January.

Mr. Myklebust is currently employed as CEO of Fjord Shipping AS. He
has extensive experience from the Offshore industry, most notably
from his position as Managing Director of Bourbon Norway and ship
broker and General Manager within Seabrokers. He has also been
Managing Director of Kongsberg Evotec and has a long career as Chief
Officer and Master within the Norwegian Coastguard and Remøy/Havila.

Mr. Myklebust is a Master Mariner from Aalesund University College.

With effect as of the same date, Mr. Bengt A. Rem will be reinstated
as Chairman of the Board of Viking Supply Ships AB. Mr. Folke
Patriksson will return to his previous position as Deputy Chairman.

For further information please contact:

Bengt A. Rem, Interim CEO, tel. +47 94 01 71 71, e-mail

Morten G. Aggvin, IR & Treasury Director, tel: +47 41 04 71 25,

Viking Supply Ships AB is the parent company of a Swedish shipping
group with its main office in Gothenburg, Sweden. The Group conducts
its business in four segments: Anchor Handling Tug Supply ships
(AHTS), Platform Supply Vessels (PSV), Services and Ship Management.
The business is focused within offshore and ice-breaking primarily in
Arctic and subarctic areas. The Group has approximately 500 employees
and its revenue for 2015 amounted to MSEK 1.114. The Company's series
B share is listed at Nasdaq Stockholm, Small Cap segment.

This information is information that Viking Supply Ships AB is obliged
to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of the
contact person set out above, at 08.30 a.m. CET on 6 December 2016.


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