Today opens the bookbuilding process related to Integral Shipping and Trading SA Notes issuance guaranteed by Integral Petroleum SA

GENEVA, SWITZERLAND – Media OutReach – 17 June 2019 – Today, June 17, 2019, BMI International Europe Limited as
Sole Global Coordinator of Integral Shipping
and Trading SA (the “Issuer”) Euro-denominated notes (the “Notes”) issuance opens
the bookbuilding process for fixed rate bearer Notes guaranteed by Integral
Petroleum SA (the “Guarantor”), with a term of three (3) years. The
process will continue up to 5:00 p.m. GMT June 21, 2019.

Settlement
upon proposed Regulation S only Notes of the Issuer is set on June 28, 2019. The
interest rate will be determined at the book closing, FCA / ICMA stabilization
applies.

The
Issuer and the Guarantor form a Geneva-based group of companies involved in
logistics and trading of petrochemicals and other commodities from the Caspian
Sea region.

No
prospectus has been or will be approved and/or published pursuant to the
Directive 2003/71/EC of the European Parliament and of the Council of 4
November 2003 on the prospectus to be published when securities are offered to
the public or admitted to trading and amending Directive 2001/34/EC as amended
(the “Prospectus Directive”). Neither this announcement nor any other
announcement connected therewith may be distributed, passed on or disclosed to
any other person in the European Economic Area, save as specifically agreed
with BMI International Europe Limited. BMI International Europe Limited has
represented and agreed that it will offer the Notes in the European Economic
Area only in compliance with the provisions of the Prospectus Directive and all
other laws and regulations in the European Economic Area applicable to the
offer and the sale of the Notes in the European Economic Area.

NOT
FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, JAPAN OR THE
UNITED STATES OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS OR IN ANY OTHER
JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY
APPLICABLE LAW