Reference is made to the stock exchange release from Ocean Yield ASA (“Ocean Yield”) dated 19 May 2017, regarding extension of the bareboat charter contract for the Lewek Connector at a rate of USD 40,000 per day (the “Charter”).

The Charter is currently running until 15 October 2017, following the declaration of certain extension options.

Ocean Yield has now entered into a contract for extension of the Charter for a firm period until 15 November 2017, plus further extensions in charterer’s option for a period up until 23 December 2017, at a rate of USD 40,000 per day.