DELIVERY OF CAR CARRIER WITH 12 YEARS CHARTER

Ocean Yield ASA is pleased to announce the delivery of the Pure Car Truck Carrier (PCTC) "Höegh Tracer" of 8,500 car capacity from Xiamen Shipbuilding Industry Co. Ltd, China. After being delivered from the shipyard today, the vessel commenced a 12 years "hell and high water" bareboat charter to Höegh Autoliners.

For further information, please contact:

Lars Solbakken, CEO of Ocean Yield ASA Phone: +47 24 13 01 90 E-mail: lars.solbakken@oceanyield.no

Eirik Eide, CFO of Ocean Yield ASA Phone: +47 24 13 01 91 E-mail: eirik.eide@oceanyield.no