Havila Shipping ASA : Publication of supplemental prospectus

1/31/2013 4:09 AM EST

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN,
OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL.



HAVILA SHIPPING ASA - PUBLICATION OF SUPPLEMENTAL PROSPECTUS

Fosnavåg, 31 January 2013

In connection with the publication of the preliminary accounts for 2012 and for
the fourth quarter of 2012, Havila Shipping ASA (the "Company", ticker "HAVI")
has today published a supplemental prospectus for the prospectus regarding the
subsequent offering dated 28 January 2013. The Financial Supervisory Authority
of Norway has reviewed and approved the supplemental prospectus.

The information in the supplemental prospectus shall be regarded as an integral
part of the prospectus dated 28 January 2013 and as part of the subscription
material for investments in the shares offered in the subsequent offering.

The Supplemental Prospectus dated 31 January 2013 will, subject to regulatory
restrictions in certain jurisdictions, be available at www.havila.no and
www.paretosec.no. The Supplemental Prospectus may also be obtained free of
charge at the Company's office as well as from the office of Pareto Securities
AS.

For further information, please contact:

CEO Njål Sævik (+47) 909 35 722

CFO Arne Johan Dale (+47) 909 87 706



                                      ****

DISCLAIMERS

This announcement is not and does not form a part of any offer for sale of
securities.

Copies of this announcement are not being made and may not be distributed or
sent into the United States, Australia, Canada, Japan or any other jurisdiction
in which such distribution would be unlawful or would require registration or
other measures.

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and accordingly may not be offered or sold in the United States absent
registration or an exemption from the registration requirements of the
Securities Act and in accordance with applicable U.S. state securities laws.
The Company does not intend to register any part of the offering in the United
States or to conduct a public offering of securities in the United States. Any
offering of the securities referred to in this announcement will be made by
means of a prospectus.

This announcement is not a prospectus for the purposes of Directive 2003/71/EC
(together with any applicable implementing measures in any Member State, the
"Prospectus Directive").  Investors should not subscribe for any securities
referred to in this announcement except on the basis of information contained in
the aforementioned prospectus. In any EEA Member State other than Norway that
has implemented the Prospectus Directive, this communication is only addressed
to and is only directed at qualified investors in that Member State within the
meaning of the Prospectus Directive, i.e., only to investors who can receive the
offer without an approved prospectus in such EEA Member State.

This communication is only being distributed to and is only directed at persons
in the United Kingdom that are (i) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities,
and other persons to whom this announcement may lawfully be communicated,
falling within Article 49(2)(a) to (d) of the Order (all such persons together
being referred to as "relevant persons").  This communication must not be acted
on or relied on by persons who are not relevant persons. Any investment or
investment activity to which this communication relates is available only to
relevant persons and will be engaged in only with relevant persons. Persons
distributing this communication must satisfy themselves that it is lawful to do
so.

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice.

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



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