Wallenius Lines AB completes sale of 43,104,938 shares in Wallenius Wilhelmsen Logistics ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR IN ANY JURISDICTION INWHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

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Reference is made to the announcement by Wallenius Lines AB ("Wallenius") on 19 April 2017 regarding a bookbuilding for sale of shares in Wallenius Wilhelmsen Logistics ASA (the "Company").

Wallenius has today completed the sale of 43,104,938 shares in the Company at a price of NOK 40 per share (the "Placement"). The trade date for the Placement is 20 April 2017, with settlement expected to occur on 24 April 2017.

Following the Placement, Wallenius owns 160,000,000 shares in the Company, representing 37.8% of the share capital and the votes in the Company.

Arctic Securities AS, Nordea Bank AB (publ), filial i Norge and Skandinaviska Enskilda Banken AB (publ) Oslo Branch acted as Joint Bookrunners for the Placement.

Wallenius is represented on the Board of Directors of the Company.

This information is subject to the disclosure requirement set out in section 4-2 of the Norwegian Securities Trading Act.

Important Notice

The distribution of this announcement and the offer and sale of the shares in certain jurisdictions may be restricted by law.  The shares may not be offered to the public in any jurisdiction in circumstances which would require the preparation or registration of any prospectus or offering document relating to the shares in such jurisdiction.  No action has been taken by Wallenius or the Joint Bookrunners or any of their respective affiliates that would permit an offering of the shares or possession or distribution of this announcement or any other offering or publicity material relating to such securities in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This press release is for information purposes only and does not constitute or form a part of an offer to sell or a solicitation of an offer to purchase any security of the Company in the United States or in any other jurisdiction where such offer or solicitation is unlawful. The securities of the Company described in this press release have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any applicable state or foreign securities laws and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act.  There will be no public offering of securities in the United States.