Reference is made to the "Terms of Dividend Claims" for Norwegian Air Shuttle
ASA (the "Company") dated 11 March 2021 (the "Dividend Claim Terms") relating to
the dividend claims representing part of the dividends approved by (i) the
scheme of arrangement under the Irish examinership commenced by the presentation
of a petition on 18 November 2020 for the Company and certain of its Irish
subsidiaries as formulated by the examiner of the Company pursuant to section
534 of the Irish Companies Act 2014 and (ii) the reconstruction plan under the
Norwegian reconstruction negotiations (Nw. rekonstruksjonsforhandling) in
respect of the Company pursuant to section 23 of the Norwegian Temporary
Reconstruction Act (Nw. rekonstruksjonsloven) commenced by service of a petition
dated 8 December 2020. For further details, please see previously published
stock exchange notices. 
Capitalised terms used but not defined in this notice shall be given the meaning
given to such term in the Dividend Claim Terms.

The Post-Conversion Report from the Overseer, confirming that the Structured
Sale Process (including the distribution of proceeds thereof) and the
distribution of No-Sale Conversion Shares to the relevant Creditors have been
completed in accordance with the terms set out in these Dividend Claim Terms, is
posted together with this notice.

Fornebu 11 January 2022
Norwegian Air Shuttle ASA


Important information 

This release is an announcement issued pursuant to legal information obligations
and is subject of the disclosure requirements pursuant to section 5-12 of the
Norwegian Securities Trading Act and the Market Abuse Regulation (MAR) Article
17 no. 1, and was prepared by Jesper M. Hatletveit, Investor Relations at
Norwegian Air Shuttle ASA, tel. +47 906 64 401. 

The release is not for publication or distribution, in whole or in part directly
or indirectly, in or into Australia, Canada, Japan or the United States
(including its territories and possessions, any state of the United States and
the District of Columbia) or in any other jurisdiction where such publication or
distribution is unlawful. This release is an announcement issued pursuant to
legal information obligations, and is subject of the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act. It is issued
for information purposes only, and does not constitute or form part of any offer
or solicitation to purchase or subscribe for securities, in the United States or
in any other jurisdiction. The securities mentioned herein have not been, and
will not be, registered under the United States Securities Act of 1933, as
amended (the "US Securities Act"). The securities may not be offered or sold in
the United States except pursuant to an exemption from the registration
requirements of the US Securities Act.