On 20 March 2020, Mr. Siu Fai NG, director of Jinhui Shipping and Transportation
Limited (the 'Company'), has purchased 87,488 shares of the Company in the Oslo
Stock Exchange at an average price of NOK3.5170 per share. Following to the
above purchase, Mr. Siu Fai NG and his spouse have direct interests in 5,081,480
shares of the Company.

Mr. Siu Fai NG also has certain indirect interests in the Company through his
interests in Jinhui Holdings Company Limited and Fairline Consultants Limited.

Jinhui Holdings Company Limited is the controlling shareholder of the Company,
which has direct interests in 60,841,240 shares of the Company, representing
approximately 55.69% interests of the Company.

Fairline Consultants Limited is the legal and beneficial owner of 38.72%
interests of Jinhui Holdings Company Limited and has direct interests in 407,858
shares of the Company, representing approximately 0.37% interests of the
Company.

Mr. Siu Fai NG is the director of the Company and Jinhui Holdings Company
Limited.

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

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