NOTICE OF ANNUAL GENERAL MEETING

Ocean Yield's annual general meeting will be held on Monday 28th April 2014 at 10:00 hours at Felix Conference Centre, Bryggetorget 3, Aker Brygge, Oslo, Norway.

Attached is the notice of Ocean Yield's annual general meeting, proposed general meeting resolutions, the attendance form and Ocean Yield's annual report for 2013. All documents are also available on the Company's website www.oceanyield.no/ir

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.