HAMILTON, Bermuda -  Ardmore Shipping Corporation (NYSE:  ASC) ("Ardmore" or the "Company") today announced that GA Holdings LLC (the "Selling Shareholder") has priced an underwritten public offering of 4,000,000 shares of the Company's common stock at a public offering price of $13.25 per share.  The Selling Shareholder has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock.  The shares to be sold by the Selling Shareholder, excluding shares subject to the option, represent approximately 49% of the shares held by the Selling Shareholder.  The Company is not selling any shares and will not receive any proceeds from the offering.  Ardmore's common stock is listed on the New York Stock Exchange under the symbol "ASC". Morgan Stanley & Co. LLC and Clarksons Platou Securities AS are acting as the underwriters for the offering.   Copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained from Morgan Stanley, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY10014-4606; and Clarksons Platou Securities AS, Attn: Hilde Neergaard, Munkedamsveien 62C, 0270 Oslo, Norway. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.  The offering of these shares of common stock is being made only by means of one or more prospectus supplements and a related prospectus.