Höegh LNG : Mandatory notification of trade / Management Stock Option Scheme

Hamilton, Bermuda, 5 April 2017 - Höegh LNG Holdings Ltd. ("Höegh LNG" or the "Company") advises that 34,999 stock options in the Company with a strike price of NOK 39.3 have been exercised. The strike price has been adjusted for dividends paid since award of the options as provided for in the stock option agreements.

The Company has resolved to settle the exercise of options by delivering a number of shares equivalent to the market value less the strike price. The Company has further purchased 19,497 of its own shares in a series of transactions in the period 11:29 hours to 15:47 hours on 4 April 2017 at an average price of NOK 87.40. The shares will be delivered to the relevant employees as settlement of the options exercised.

After the exercise of the above options, the total number of options outstanding in Höegh LNG is 1,917,426.

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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 and Turkey. The company employs approximately 115 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