Investor News Story

Spectrum ASA: Internal transfer of shares (2017-02-13T15:17:47 CET)

Gross Management AS has bought 2.493.995 shares in Spectrum ASA
from Corona Maritime Holding AS. The internal transfer of Spectrum shares was done at NOK 41 per share.

After the transaction Gross Management AS will own 2.493.995 shares in Spectrum ASA
equivalent to 4,67% of the total outstanding number of shares. Corona Maritime Holding AS will not own any shares in Spectrum ASA
after the internal transfer.

Both Gross Management AS and Corona Maritime Holding are 100% owned/controlled by Glen Ole Rødland. Mr. Rødland is a board member in Spectrum and a primary insider.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.