MPC Container Ships ASA further acquires own shares

Oslo, 31 July 2019 - MPC Container Ships ASA (the "Company") in the period 5 June 2019 – 30 July 2019 through open market transactions has repurchased 181,142 common shares. Following the transactions, the Company holds a total of 351,098 treasury shares acquired at an average price of NOK 28.00 per share.

The shares were repurchased in accordance with the share buy-back programme announced on 5 June 2019, including the Norwegian Securities Trading Act’s limitation on the number of shares allowed to be acquired.

For further information, please refer to the Oslo Stock Exchange notification made on 5 June 2019, available at www.newsweb.no and the Company’s webpage.

For further queries, please contact: ir@mpc-container.com

About MPC Container Ships ASA: MPC Container Ships ASA (ticker code "MPCC") was formed in April 2017. Its main activity is to own and operate a portfolio of container ships with a focus on the feeder segment between 1,000 and 3,000 TEU. The Company is registered and has its business office in Oslo, Norway.

For more information, please see our webpage: www.mpc-container.com