Höegh LNG : Mandatory Notification of Trade

Hamilton, Bermuda 6 June 2018.

Issuance of common units in Höegh LNG Partners LP to Primary Insiders of Höegh LNG Holdings Ltd.

Höegh LNG Holdings Ltd. ("Höegh LNG" or the "Company") advises that the Board of Directors of Höegh LNG Partners LP ("HMLP") approved 6 June 2018 to issue 2,210 common units in HMLP to each of Morten W. Høegh, Chairman of the Company and Director of HMLP and Andrew Jamieson, Director of the Company and HMLP, both primary insiders of the Company, as part remuneration for services rendered by them as chairman and director, respectively, of HMLP for the period from February 2017 to June 2018.

The number of common units issued constitutes a remuneration of USD 39,000 to each, based on the average closing price of the HMLP unit over the last five trading days including 6 June 2018 of USD 17.65.

The total ownership interests in Höegh LNG and HMLP subject to disclosure requirements held by the primary insiders following the above transactions are as follows:

• Morten W. Høegh (2,210 common units which has been transferred at the issuance price to Leif Höegh & Co. Ltd. (LHC) and will be delivered to LHC upon issuance of the common units. Please also see below).
  
• Andrew Jamieson (9,733 shares in the Company following the issuance of shares as described in a separate stock exchange notice dated 6 June 2018 and 6,301 common units in HMLP).

Mandatory Notification of Trade by Primary Insider

On 6 June 2018, Richard Tyrrell, CEO/CFO of HMLP and primary insider of the Company sold 8,138 common units in HMLP and his related party, Rachel Brask- Tyrrell sold 874 common units in HMLP, both at a unit price of USD 17.83, principally to pay taxes that is due on previous HMLP unit awards granted to Richard Tyrrell.

Following the above transactions, Richard Tyrrell owns 9,215 shares and 91,067 Stock Options in the Company and 28,917 Phantom Units in HMLP. Rachel Brask- Tyrrell owns 4,126 common units in HMLP.

Disclosing regarding Morten W. Høegh and Leif O. Høegh

Reference is made to the stock exchange notice "Approval of issuing of shares to Directors as part remuneration" dated 6 June 2018 setting out the issuance of shares to the Company's Directors as part remuneration (the "Share Issue") increasing the issued shares in the Company to 77,260,580 shares.

Leif Höegh & Co. Ltd., which is indirectly controlled by Leif O. Høegh and family trusts under which Morten W. Høegh and his immediate family are primary beneficiaries, will following the Share Issue hold a total of 33,026,031 shares, representing 42.75% of the shares in the Company and following the above transaction, 338,801 common units in HMLP.

In addition, the below Brompton Cross entities, which are co-investment vehicles for management of Höegh Capital Partners, indirectly controlled by Leif O. Høegh and by family trusts under which Morten W. Høegh and his immediate family are primary beneficiaries, hold the following ownership interest in the Company:

• Brompton Cross VIII Limited holds 28,500 shares, representing 0.04% of the shares in issue.
• Brompton Cross IX Limited holds 28,500 shares, representing 0.04% of the shares in issue.

The percentage has been calculated based on a total of 77,260,580 shares in issue.

About Höegh LNG:

Höegh LNG provides floating energy solutions and operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG Carriers (LNGCs). Höegh LNG's vision is to be the industry leader of floating LNG solutions and the strategy is to continue to focus its growth plans in the FSRU market, with the objective of securing long- term contracts with strong counterparties at attractive returns. Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, South Korea, Indonesia, Lithuania, Egypt, Colombia, China and Turkey. The company employs approximately 125 office staff and 500 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
Erik Folkeson, Head of IR, Telephone +47 414 21 769

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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