KNOT Offshore Partners LP Announces Second Quarter 2014 Cash Distribution

  KNOT Offshore Partners LP Announces Second Quarter 2014 Cash Distribution

Business Wire

ABERDEEN, Scotland -- July 14, 2014

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 June 30, 2014,
of $0.4350 per unit. This corresponds to $1.74 per outstanding unit on an
annualized basis. This cash distribution will be paid on August 14, 2014 to
all unitholders of record as of the close of business on August 4, 2014.

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.”

Forward Looking statements

This press release includes statements that may constitute forward-looking
statements. Such forward-looking statements are subject to a variety of known
and unknown risks, uncertainties, and other factors that are difficult to
predict and many of which are beyond management’s control. Factors that can
affect future results are discussed in the Annual Report on Form 20-F filed by
the Partnership with SEC. The Partnership undertakes no obligation to update
or revise any forward-looking statement to reflect new information or events.

Source: KNOT Offshore Partners LP

Contact:

Media:
KNOT Offshore Partners LP
Arild Vik
Chief Executive Officer and Chief Financial Officer
+44 7581 899777
http://knotoffshorepartners.com/
 
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