Acquisition of own shares

Oslo, 18 June 2019 - MPC Container Ships ASA (the "Company") on 17 June 2019 through open market transactions repurchased 13,853 common shares at an average price of NOK 25.59 per share. Following the transaction, the Company holds a total of 264,927 treasury shares.

The shares were repurchased in accordance with the share buy-back programme announced on 5 June 2019. For further information, please refer to the Oslo Stock Exchange notification made on 5 June 2019, available at www.newsweb.no and the Company’s webpage.

The above information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further queries, please contact:

ir@mpc-container.com

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code "MPCC") was formed in April 2017. Its main activity is to own and operate a portfolio of container ships with a focus on the feeder segment between 1,000 and 3,000 TEU. The Company is registered and has its business office in Oslo, Norway.

For more information, please see our webpage: www.mpc-container.com.

About Us

MPC Container Ships ASA owns and operates a fleet of container ships with a focus on the feeder segment between 1,000 and 3,000 TEU. The company was set up on the basis of favorable near- to mid-term market dynamics for the container feeder segment: attractive supply/demand patterns in intra-regional trades and historically low asset values protected by high recycling prices. The company is listed at the Oslo Stock Exchange (ticker: "MPCC") and has its business office in Oslo, Norway. For more information, please visit our webpage.

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