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Höegh LNG - Increase in share capital - subsequent offering

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Reference is made to the stock exchange announcement dated 23 March 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 implement the Subsequent Offering and to issue 226,536 new common shares, each with a nominal value of USD 0.01, at a subscription price of NOK 53 following expiry of the subscription period under the Subsequent Offering.

The issued new shares are today registered in the share register of the Company held in the VPS, and the Subsequent Offering has hence been completed. The new shares have been legally and validly issued and fully paid. The shares will be listed and tradable on Oslo Børs when registered on the individual subscribers' VPS accounts, expected to be on Monday 2 April 2012. The issued share capital in Höegh LNG following the share issue is USD 698,772.15 consisting of 69,877,215 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 carriers and two floating storage and regasification units (FSRUs).  In addition to transporting LNG, the FSRUs act as floating LNG import terminals delivering natural gas to the market.  Höegh LNG has three FSRUs on order at Hyundai Heavy Industries.  The company holds a significant project development portfolio for 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.

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