Njord Gas Infrastructure AS: S&P announces improved ratings outlook for outstanding bonds

Reference is made to the Njord Gas Infrastructure AS (‘NGI’) stock exchange notice of 16 June 2016 related to the re-profiling of the NGI outstanding bonds.

Following this announcement S&P Global (S&P) has issued a research update, placing the NGI bonds on positive credit watch for a potential upgrade of up to two notches from the current BB- rating.

The indicative rating is expected to be converted into a final rating upon execution of final documentation and approval of the bond amendments by the bondholders.

Dated: 17 June 2016

Njord Gas Infrastructure AS

The information in this announcement is subject to the disclosure requirements of the Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs – Continuing Obligations.

Njord Gas Infrastructure AS is headquartered in Stavanger, Norway. It invests in Norwegian gas infrastructure and currently holds an 8.036% participating interest in Gassled. For more information, please refer to http://njordgasinfra.no/.

For information, please contact:

Birte Norheim, CEO

+47 9529 3321