ABERDEEN, Scotland--(BUSINESS WIRE)--
KNOT Offshore Partners LP (NYSE: KNOP) announced today that its Board of
Directors has declared a quarterly cash distribution with respect to the
quarter ended June 30, 2012, of US$0.3173 per unit. The distribution was
prorated for the period beginning on April 15, 2013, which was the
closing date of KNOT Offshore Partners LP's initial public offering, and
ending on June 30, 2013, and corresponds to a quarterly distribution of
US$0.3750 per outstanding unit, or US$1.50 per outstanding unit on an
annualized basis.
This cash distribution will be paid on August 14, 2013 to all
unitholders of record as of the close of business on August 5, 2013.
About KNOT Offshore Partners LP
KNOT Offshore Partners LP owns, operates and acquires shuttle tankers
under long-term charters in the deepwater 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 registration statement filed by KNOT Offshore Partners
LP with the U.S. Securities and Exchange Commission (SEC), which is
available via the SEC's web site at www.sec.gov.
KNOT Offshore Partners LP undertakes no obligation to update or revise
any forward-looking statement to reflect new information or events.

Source: KNOT Offshore Partners LP