The current time charter for the vessel M/V Hyundai 202 has been extended for a period
up to 1 June 2011.
Eidsiva Rederi ASA currently owns 56,5% of M/V Hyundai 202, and will after the business
combination with Dyvi Shipping AS increase the ownership to 59,5%.
Further, the vessel M/V Hyundai 203 has been fixed on a 12/13 months time charter
starting in August 2010. The vessel is 51 % owned by Eidsiva Rederi ASA.
Charterer for both vessels is Sallaum Lines, and we consider the charter rates to be
satisfactory under current market conditions.
Oslo, 5 July 2010
Eidsiva Rederi ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)