Hamilton, Bermuda 
January 15, 2020


Flex LNG LTD (Flex LNG or the Company - OSE/NYSE: FLNG) today announce extension
of the time-charter agreement for Flex Enterprise. With this extension, the firm
period under the time charter is end of first quarter 2021. The charterer also
has remaining extension options. The time charter rate is variable as a function
of the overall market conditions.


Øystein M. Kalleklev, Chief Executive Officer of Flex LNG Management commented:
"We are happy to announce another time charter extension, this time for Flex
Enterprise. Flex LNG Fleet Management took over ship management responsibilities
for this ship in November 2019 so we are particularly pleased that the charterer
has elected to extend this time charter".


For further information, please contact: 

Øystein M. Kalleklev, 
Chief Executive Officer 
Flex LNG Management AS 
Telephone: +47 23 11 40 00 
E-Mail: IR@flexlng.com

Øystein M Kalleklev
Mobile: +47 90 88 56 65

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