ANNUAL REPORT 2016

Ocean Yield ASA has today published its 2016 Annual Report. The report will be made available on the Company's website www.oceanyield.no/Investor-Relations This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Company contacts: Lars Solbakken (CEO), Tel +47 24 13 01 90 Eirik Eide (CFO), Tel +47 24 13 01 91 Investor Relations contact: Marius Magelie (SVP Finance & IR), Tel +47 24 13 01 82 Company information: Ocean Yield ASA is a ship owning company with investments in vessels on long -term charters. The company has a significant contract backlog that offers visibility with respect to future earnings and dividend capacity. Ocean Yield ASA has an ambition to pay attractive quarterly dividends to its shareholders.