Norwegian Car Carriers ASA has extended the current time charter contract for the 100% owned car carrier "NOCC Kattegat" for a duration of about 9 months with commencement in mid February 2013.

The concluded time charter rate is slightly below the rate on the current charter and is estimated to generate an EBITDA of about NOK 12.8 million during the nine months charter period.

About NOCC:
Norwegian Car Carriers ASA is a shipping company listed on the Oslo Stock Exchange with the ticker NOCC. The company has a fleet of 12 vessels for the transportation of cars and other rolling cargoes. In addition the company has entered into a contract for acquisition of one vessel for delivery in Q1 2013.

This information is subject to the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).



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