International Shipholding Corporation Declares Dividends on Series A and B Preferred Stock

International Shipholding Corporation (NYSE:ISH) today announced that the Company’s Board of Directors has declared a dividend of $2.375 per share on its Series A Cumulative Redeemable Perpetual Preferred Stock (NYSE: ISHPRA) and a dividend of $2.25 per share on its Series B Cumulative Redeemable Perpetual Preferred Stock (NYSE: ISHPRB), each representing payment for the full ninety day period ending January 30, 2015. The dividend will be paid on January 30, 2015 to preferred shareholders as of record on January 29, 2015.

About International Shipholding Corporation

International Shipholding Corporation, through its subsidiaries, operates a diversified fleet of U.S. and International Flag vessels that provide worldwide and domestic maritime transportation services to commercial and governmental customers primarily under medium to long-term charters and contracts.

For more information about the company, please visit www.intship.com.

Contacts:

The IGB Group
Bryan Degnan, 646-673-9701
bdegnan@igbir.com
or
Leon Berman, 212-477-8438
lberman@igbir.com
or
International Shipholding Corporation
Niels M. Johnsen, Chairman 212-943-4141
Erik L. Johnsen, President 251-243-9221
Manny Estrada, V. P. and CFO 251-243-9082

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