SOURCE: Havila Shipping ASA

February 27, 2008 05:44 ET

HAVILA SHIPPING ASA -- EX DIVIDEND NOK 12,50 TODAY

FOSNAVAG, NORWAY--(Marketwire - February 27, 2008) -



Reference is made to announcement 18.12.2007 and extraordinary General Meeting same day. According the regulations from Oslo Børs Stock exchange, registration of capital reductions shall be registered as executed outside stock exchange trading hours. The capital reduction has been registered in Brønnøysund during the trading day today. As a consequence the shares in Havila Shipping ASA will be traded ex dividend NOK 12,50 per share as from today, 27.02.2008. The shares will be suspended rest of the day. Payment of dividend will take place during week 10

Contactperson:
CEO Njål Saevik - tel. + 47 909 35 722
CFO Nils Peter Skeide - tel + 47 915 30 965




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