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Concordia Maritime

Capital/Financing Update Nov 6, 2008

3146_rns_2008-11-06_2f498d11-bccc-4c88-9c24-ce4a6d390646.pdf

Capital/Financing Update

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Press release

Concordia Maritime appoints HQ Bank as liquidity provider

Concordia Maritime AB (publ) has entered into an agreement with HQ Bank AB according to which HQ Bank AB will act as liquidity provider as regards the company's share within the framework of OMX Nordic Exchange Stockholm AB's system for liquidity provision as of 6 November 2008. The aim of liquidity provision is to promote the liquidity of the share.

Briefly, according to the terms of the agreement, the liquidity provider will quote prices of Concordia Maritime's Series B share on both the buy and sell sides and undertakes to buy and sell shares for its own account at these prices.

Gothenburg, 6 November 2008 Concordia Maritime AB

Hans Norén President

For further information, please contact Hans Norén, +46 31 855101, +46 704 855101

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