Reference is made to the following bond issues (the "Bond Loans") of Norwegian
Air Shuttle ASA (the "Company"):

(i)	Norwegian Air Shuttle ASA FRN perpetual subordinated convertible bonds with
ISIN NO 0011157331 and NO 0011157356 (jointly, the "New Capital Perpetual PIK
Bonds"), and
(ii)	Norwegian Air Shuttle ASA zero coupon senior unsecured NOK 3,758,932,275
bonds 2021/2026 with ISIN NO 0010996457 (the "Retained Claims Bonds").

The New Capital Perpetual PIK Bonds were issued on 1 December 2021 under and in
accordance with the New Capital Perpetual Bond Terms, where the Company may
choose to pay interest as payment-in-kind by issuing additional bonds. The
Retained Claims Bonds were issued on 26 May 2021 to certain creditors of the
Issuer as settlement of amounts owing to such creditors. For further details,
please see the stock exchange announcements on 11 March 2021, 3 May 2021, 26 May
2021, 19 November 2021, and the terms of the Bonds Loans available at
www.stamdata.no (may require subscription).

The Company has applied for the Bond Loans to be admitted to listing on Oslo
Børs. On 21 April 2022, the Norwegian Financial Supervisory Authority (Nw.
Finanstilsynet) approved a listing prospectus for the Bonds, comprising of a
summary, a securities note and a second supplement to the registration document
dated 6 May 2021 as supplemented through a first  supplemental registration
document dated 18 August 2021 (collectively the "Listing Prospectus"). 

For more information, please refer to the Listing Prospectus which will, subject
to regulatory restrictions in certain jurisdictions, be available at the
Company's website,
www.norwegian.no/om-oss/selskapet/investor-relations/reports-and-presentations/.

Note that the Listing Prospectus has been prepared for the purpose of listing
the Bond Loans only. Consequently, no securities are being offered under the
Listing Prospectus.


For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, +47 906
64 401


Important information 
This announcement does not constitute an offer of any of the securities
described herein.The release is not for publication or distribution, in whole or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.