Höegh LNG - Increase in share capital

Reference is made to the stock exchange announcement dated 3 February 2012 regarding the resolution by a committee of the Board of Directors of Höegh LNG Holdings Ltd. ("Höegh LNG" or the "Company", ticker "HLNG") to issue 22,641,509 new common shares, each with a nominal value of USD 0.01, at a subscription price of NOK 53 in a private placement of new shares.

The Company has today issued the 22,641,509 new shares, and the private placement has hence been completed. The new shares have been legally and validly issued and fully paid. The new shares will be delivered to Leif Höegh & Co Limited ("LHC") as settlement of a share loan granted by LHC to facilitate settlement in the private placement, and cannot be traded on the Oslo Stock Exchange until a prospectus has been published by the Company. The issued share capital in Höegh LNG following the share issue is USD 696,506.79 consisting of 69,650,679 fully paid common shares, each with a nominal value of USD 0.01. Each share carries one vote.

About Höegh LNG

Höegh LNG is a fully integrated floating LNG services company with almost 40 years experience, offering long-term floating production, transportation, regasification and terminal solutions for the liquefied natural gas (LNG) market.

The Company operates a fleet of five LNG marine transportation vessels and two shuttle and regasification vessels (SRVs).  In addition to transporting LNG, the SRVs act as floating regasification terminals delivering natural gas to the market.  The Company has three floating storage and regasification units (FSRUs) on order at Hyundai Heavy Industries.  The Company holds a significant project development portfolio for both floating regasification as well as floating LNG production (FLNG).

Headquartered in Oslo, Norway, Höegh LNG has established presence in Singapore, London and Florida. In total the Company employs about 70 office staff and about 350 sea farers.

Contacts:

Sveinung Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406
Arild Jæger, Head of Investor Relations, Telephone +47 975 57 408

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs.