AMSC ASA On15 January 2021 , theFinancial Supervisory Authority of Norway ("Finanstilsynet") approved a prospectus prepared byAmerican Tanker, Inc. ("ATI"), an indirectly wholly owned subsidiary ofAmerican Shipping Company ASA , in connection with an application for listing of the bond loan issued by ATI with ISIN NO0010886328. The listing prospectus is available on the company's website www.americanshippingco.com. ATI Contact:Leigh Jaros , President & Chief Executive Officer +1 484 880 3741 AMSC contacts:Pål Magnussen , Chief Executive Officer +47 24 13 00 04Morten Bakke , Chief Financial Officer +47 24 13 00 87 *** AboutAmerican Shipping Company ASA : Established in 2005 and listed on the OSE, AMSC is a ship owning company with nine modern handy size product tankers and one modern handy size shuttle tanker on long term bareboat charter withOverseas Shipholding Group (OSG). OSG charters the vessels out on time charters to major oil companies in theU.S. coastwise Jones Act trade. AMSC has a significant contract backlog as well as a profit sharing agreement with OSG which offers visibility with respect to future earnings and potential dividend capacity. The Company has an ambition to pay attractive dividends to its shareholders. Further information is available at www.americanshippingco.com. IMPORTANT INFORMATION This announcement does not constitute an offer of any of the securities described herein. The release is not for publication or distribution, in whole or in part directly or indirectly, in or intoAustralia ,Canada ,Japan orthe United States (including its territories and possessions, any state ofthe United States and theDistrict of Columbia ) or in any other jurisdiction where such publication or distribution is unlawful. This release is an announcement issued pursuant to legal information obligations, and is subject of the disclosure requirements pursuant to section 5-12 of theNorwegian Securities Trading Act. It is issued for information purposes only, and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, inthe United States or in any other jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "US Securities Act"). The securities may not be offered or sold inthe United States except pursuant to an exemption from the registration requirements of the US Securities Act.
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