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BW EPIC KOSAN LTD. - RECOMMENDED VOLUNTARY UNCONDITIONAL OFFER BY WEB HOLDING LIMITED TO ACQUIRE ALL THE SHARES IN BW EPIC KOSAN LTD. - UPDATE ON LEVEL OF ACCEEPTANCES

BW Epic Kosan
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, INTO OR WITHIN THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND,
SOUTH-AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER
MEASURES

Oslo/Singapore, 15 November 2023 - Web Holding Limited (the "Offeror") refers to
the following announcements: (a) the announcement ("Offer Announcement") made by
the Offeror on 9 October 2023, in connection with the recommended voluntary
unconditional general offer (the "Offer") to acquire all outstanding issued
ordinary shares ("Shares") in BW Epic Kosan Ltd. (the "Company") (collectively,
the "Offer Shares" and each, an "Offer Share")
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