Solvang ASA -

Solvang ASA and partners have entered into a contract for construction of two LPG ships, each on 60,000 cbm at Hyundai Heavy Industries, Korea. The vessels shall be delivered during the 2nd and 3rd quarter 2008.

Solvang ASA will be the managing owner of the vessels with a ownership share of 20%. The company had delivered 3 similar new buildings from Kawasaki, Japan in 2003 and 2004.

	"Clipper Star" delivered 2003, is similar to the two new vessels ordered at Hyundai Heavy Industries

	"Clipper Viking" – 2000 days without injury SOLVANG DECLARE THE OPTION FOR A SECOND VLGC Solvang increases number of new buildings Solvang doubles order at Meyer Werft Third ship contracted at Hyundai Newbuilding contract LPG/NH3 "Clipper Sky" delivered LPG/NH3 "Clipper Moon" Delivered Change of flag "Cypress Trail" LPG/C "KONGSGAS" SOLD FOR DEMOLITION Keel laid LPG/E/C "CLIPPER GAS" SOLD FOR DEMOLITION Solvang og Bergesen bestiller gasskip