Reference is made to the announcement of 13 March 2012 from Norwegian Car
Carriers ASA (the "Company") regarding the approval by the extraordinary general
meeting of the issue of new A-shares to be subsequently converted into ordinary
shares in the Company.
As a result of the issue of the new shares in the Company, the number of shares
in the Company held by AGRA AS will be reduced to below the notification
threshold of 5%.
After the issue of the new A-shares in the Company, AGRA AS will have a
shareholding corresponding to 8,409,134 ordinary shares in the Company,
representing to 4.25% of the voting rights in Company.
For further information, reference is made to the minutes from the extraordinary
general meeting of the Company of 13 March 2012.



[HUG#1594162]