KNOT Offshore Partners LP Announces First Quarter 2017 Cash Distribution

Aberdeen, Scotland - 18.04.2017

The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2017, of $0.52 per unit.

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

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

Shuttle tanker Tordis Knutsen