Höegh LNG : Management Stock Options Issued

Reference is made to the stock exchange notice dated 14 August 2013 regarding the announcement of Company's new top management. The Board of Directors of Höegh LNG Holdings Ltd. (Höegh LNG) has approved granting 70,000 stock options to members of the group's senior management. The strike price is NOK 53 per share, and the options will vest with one third on 31 December 2013, 2014 and 2015, respectively. The options are non-tradable and conditional upon the participant being employed by Höegh LNG or its subsidiaries at the vesting date.

After the issuance of the new stock options, the total number of options issued in Höegh LNG shares is 822,000.

The new options have been issued to the following primary insiders:

Ragnar Wisløff, Chief Commercial Officer, has increased his number of options by 35,000 from 35,000 to 70,000. He owns 2,625 shares in Höegh LNG.

Vegard Hellekleiv, Chief Technical Officer, has increased his number of options by 35,000 from 35,000 to 70,000. He owns 1,972 shares in Höegh LNG.

In addition, Messrs. Wisløff and Hellekleiv have ownership interests in Höegh LNG through Methane Ventures Ltd.
About Höegh LNG

Höegh LNG is a provider of floating LNG infrastructure services, offering regasification, transportation and production services under long-term contracts.  The company operates a fleet of two floating storage and regasification units (FSRUs) which act as floating LNG import terminals, and six LNG transportation vessels. In addition, Höegh LNG has four new FSRUs on order and has developed a solution for floating LNG production (FLNG).  Höegh LNG is a Bermuda based company with established presence in Oslo, Singapore, London, Tampa and Jakarta.  The company employs about 85 office staff and 350 seafarers.

Contacts:

Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406
Arild Jæger, Vice President, Strategy and 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.