Minutes from Annual General Meeting

Ocean Yield's annual general meeting was held today, Monday 28th April 2014 at Felix Conference Centre in Oslo, Norway.

All proposals on the agenda were adopted, cf. the notice of the Annual General Meeting that was published on Oslo Stock Exchange on 4 April 2014.

The complete minutes of the Annual General Meeting are attached to this release and are also available on www.oceanyield.no

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

About Ocean Yield:
Ocean Yield is a ship owning company with investments within oil-service and industrial shipping. The company focuses on modern assets with long-term charters to solid counterparties. The company has a significant contract backlog that offers visibility with respect to future earnings and dividend capacity. Ocean Yield has an ambition to pay attractive and growing dividends to its shareholders.

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