DHT Holdings, Inc. announces agreements for two newbuilding VLCCs

Hamilton, Bermuda, December 2, 2013

DHT Holdings, Inc. (NYSE:DHT) ("DHT" or the "Company") today announced that it has reached an agreement with Hyundai Heavy Industries Co., Ltd. ("HHI") in South Korea for the construction of two very large crude carriers ("VLCCs") with a contract price of $92.7 million each, including certain additions and upgrades to the standard specification. The vessels are 300,000 deadweight tons ("dwt") and will be delivered in July and September 2016, respectively. Further, the Company has an option for a third VLCC at the same price for delivery in the fourth quarter of 2016 if a firm contract is entered into.

About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC, Aframax and Suezmax segments. We operate out of Oslo, Norway, through our wholly owned management company. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for our fleet and a clean corporate structure maintaining a high level of integrity and good governance. For further information: www.dhtankers.com.

DHT Holdings, Inc. press release