Norwegian Cruise Line Announces Exercise of Underwriters' Option to Purchase Additional Shares

MIAMI, Dec. 27, 2013 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) ("Norwegian") announced today that the underwriters of the previously announced secondary public offering of Norwegian's ordinary shares, which was completed on December 9, 2013, have exercised in full their option to purchase 3,300,000 additional ordinary shares from the selling shareholders. The closing of the sale of the additional ordinary shares is expected to take place on December 31, 2013, subject to customary closing conditions.

Norwegian did not sell any ordinary shares in the offering and did not receive any of the proceeds from the offering.

UBS Investment Bank and Barclays acted as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan also acted as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, Nomura and SunTrust Robinson Humphrey acted as co-managers for the offering.

A registration statement relating to these securities has been filed with, and declared effective on December 3, 2013 by the United States Securities and Exchange Commission (the "SEC"). A copy of the registration statement can be obtained from the SEC's website at www.sec.gov.

The offering is being made only by means of a written prospectus forming part of the registration statement. A copy of the final prospectus relating to the offering has been filed with the SEC and may be obtained by contacting:

UBS Securities LLC
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
(888) 827-7275

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.com
(888) 603-5847

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Norwegian Cruise Line

Norwegian Cruise Line is a global cruise line operator, offering cruise experiences for guests with itineraries in North America (including Alaska and Hawaii), the Caribbean, Bermuda, the Mediterranean and the Baltic.

Forward Looking Statements

This press release contains "forward-looking" statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Norwegian expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about the proposed offering of ordinary shares of Norwegian and the business of Norwegian. There can be no assurance that actual results will not differ from those expected by management of Norwegian. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the registration statement on Form S-1 (as amended and supplemented), initially filed by Norwegian with the SEC on November 20, 2013 and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include Norwegian's expectations as of the date hereof. Norwegian does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which Norwegian becomes aware, after the date hereof.

CONTACT: Andrea DeMarco
         (305) 468-2463

         AnneMarie Mathews
         (305) 436-4799

Released December 27, 2013