Fearnley Securities has received an order from a financial investor to explore
the opportunity to buy a block of shares corresponding to a minimum of 3% and a
maximum of up to 5% of the shares outstanding in Fjord1 ASA. 

The price per share will be set based on a bookbuilding process carried out by
Fearnley Securities. Completion of the order is dependent on a sufficient number
of shares being tendered at a price being deemed acceptable by the investor.

The tendering process will commence as of publication of this notice and expire
on 25 June 2019 at 08:30 CET, with the opportunity to be closed earlier or be
extended. 

If sales orders for more than the ordered shares are received, some or all sales
orders may be reduced at the sole discretion of the investor. If sales orders
for less than the purchase order are received, the investor reserves the right,
at its sole discretion, to purchase fewer shares or no shares at all.

Shareholders who wish to sell shares should contact Fearnley Securities.