January 5, 2021
Hamilton, Bermuda 

Flex LNG Ltd. ("Flex LNG" or the "Company") announces that the Company has today
purchased 23,909 of the Company's own common stocks. The shares have been bought
on the Oslo Stock Exchange at an average price of NOK 78.06 per share. After
this transaction Flex LNG holds a total of 226,706 own shares.

The transaction is part of the share buyback program announced on November 19,
2020.

For more info please contact: Harald Gurvin, Chief Financial Officer of Flex LNG
Management AS. Telephone +47 23 11 40 00 

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

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© Oslo Bors ASA, source Oslo Stock Exchange