Wednesday December 17, 2014

17.12.2014 11:26

Reference is made to the offer document dated 19 November 2014 regarding the mandatory offer made by Geveran Trading Co Ltd (“Geveran”) to acquire all issued and outstanding shares in Flex LNG Ltd. (“Flex LNG” or the “Company”) at an offer price of NOK 8.00 per share (the “Offer”). The acceptance period of the Offer expires on 18 December 2014, at 16:30 CET.

Geveran has been informed by Fearnley Securities AS, acting as receiving agents for the Offer, that as per 17 December 2014, acceptances have been received for a number of shares which will cause Geveran to pass two-thirds ownership in Flex LNG.

The number of shares currently covered by such acceptance is approximately 28,498,674, representing 22.49% of the outstanding shares. In combination with the 59,248,774 shares previously held by Geveran, this amounts to an aggregate of 87,747,448 shares, representing 69.24% of the outstanding shares.

This notification is made pursuant to the Securities Trading Act section 4-3.