Bermuda, 17 August 2016 - Avance Gas Holding Ltd (OSE: "AVANCE"), will on Wednesday 24 August 2016 release its results for the second quarter of 2016.

In connection with the earnings release, a presentation will be held at 15:00 (CET) at the offices of Danske Bank ASA, Bryggetorget 4, Oslo. There will be a Q&A session following the presentation.

The presentation and webcast will be hosted by:

• Mr. Christian Andersen - President
• Mr. Peder C. G. Simonsen - Chief Financial Officer

The presentation will also be available via audio webcast, which can be accessed at Avance Gas' website www.avancegas.com. Dial in details are +44 203 427 1909 (UK and International),
+1 212 444 0481 (US) or +472350 0486 (Norway). Please quote the passcode: 5866111. Phone lines will open 10 minutes before the audio webcast.

For further queries, please contact:

Christian Andersen, President
Tel: +47 22 00 48 05
Email: c.andersen@avancegas.com

Peder C. G. Simonsen, CFO
Tel: +47 22 00 48 15
Email: p.simonsen@avancegas.com

ABOUT AVANCE GAS

Avance Gas Holding Ltd operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world's leading owners and operators of very large gas carriers (VLGCs), operating a fleet of 14 modern VLGC.

For more information about Avance Gas, please visit: www.avancegas.com

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