KNOT Offshore Partners LP Announces Fourth Quarter 2016 Cash Distribution

Aberdeen, Scotland - 17.01.2017 - KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)

Distribution
The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2016, of $0.52 per unit.

This corresponds to $2.08 per outstanding unit on an annualized basis.

This cash distribution will be paid on February 15, 2017 to all unitholders of record as of the close of business on February 2, 2017.

About KNOT Offshore Partners LP
KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership.

KNOT Offshore Partners LP’s common units trade on the New York Stock Exchange under the symbol “KNOP.”

KNOT Offshore Partners LP press release