Ezra extends Lewek Connector contract
Friday, May 19, 2017
Reference is made to the stock exchange release from Ocean Yield ASA ("Ocean Yield") dated 16 February 2017, regarding a 4 months' bareboat charter contract for the Lewek Connector to a related company of Ezra Holdings Ltd. at a rate of USD 40,000 per day (the "Charter").

Connector 1 AS (a wholly owned subsidiary of Ocean Yield) has now entered into a contract for extension of the Charter for a firm period of 3 months', plus further extensions in charterers option for a period of up to 2 months, at a rate of USD 40,000 per day. The extended Charter period commences on 1 June 2017.

Ocean Yield ASA is a ship owning company with investments in vessels on long-term charters. The company has a significant contract backlog that offers visibility with respect to future earnings and dividend capacity. Ocean Yield ASA has an ambition to pay attractive quarterly dividends to its shareholders.

For more information, please visit: https://www.oceanyield.no

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