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2016-03-14

Viking Supply Ships AB: Viking Supply Ships A/S lays up two PSVs

Press release

Due to a continued weak PSV market, Viking Supply Ships A/S has
decided to lay up the PSV vessels Sol Viking and Freyja Viking with
immediate effect.

The decision will reduce the company's operational costs going forward
and will give a positive impact on the results from second quarter
2016.

For further information please contact:

Tord Ytterdahl, CEO, ph. +47 91 36 96 57, e-mail
tord.ytterdahl@vikingsupply.com

Morten G. Aggvin, IR & Treasury Director, ph. +47 41 04 71 25, e-mail
ir@vikingsupply.com

Viking Supply Ships AB (publ) is a Swedish company with headquarter in
Gothenburg, Sweden. Viking Supply Ships A/S is a subsidiary of Viking
Supply Ships AB (publ). In addition Viking Supply Ships AB (publ) has
the subsidiary TransAtlantic AB. The operations are focused on
offshore and icebreaking primarily in Arctic and subarctic areas as
well as on Shipping services mainly between the Baltic Sea and the
Continent. The company has in total about 500 employees and the
turnover in 2015 was MSEK 1,977. The company's B-shares are listed on
the NASDAQ Stockholm, Small Cap segment. For further information,
please visit: www.vikingsupply.com

Viking Supply Ships AB is obliged to make this information public
according to the Financial Markets Act and/or the Financial
Instruments Trading Act (Sw: lagen om värdepappersmarknaden and lagen
om handel med finansiella instrument). The information was submitted
for publication on 14 March 2016 at 08:30 am.

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http://news.cision.com/viking-supply-ships-ab/r/viking-supply-ships-a-s-...
http://mb.cision.com/Main/509/9933626/488113.pdf

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