Oslo, 27th August, 2013 Ocean Yield ASA ("Ocean Yield" or the "Company") announces preliminary results for the second quarter ending 30th June, 2013
· Consolidated EBITDA was USD 50.6 million for the second quarter 2013 compared to USD 38.8 million for the second quarter 2012
· Consolidated Net Profit after tax was USD 19.9 million for the second quarter 2013 compared to USD 11.7 million for the second quarter 2012
· The AHTS newbuilding "Far Statesman" was delivered to the Company on 4th June 2013
· After the end of the second quarter, Ocean Yield completed a Public Offering of 33.5 million new shares which was priced at NOK 27 per share with gross proceeds, including additional shares sold to management, of NOK 904.1 million. The shares commenced trading on the Oslo Stock Exchange on 5th July 2013
Lars Solbakken, Chief Executive Officer +47 24 13 01 90 Eirik Eide, Chief Financial Officer +47 24 13 01 91
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.