D/S Norden — Earnings Release 2015

Jun 24, 2015

Attached please find below text as PDF file.

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                                                         Announcement no. 14
                                                                24 June 2015

Supplementary information regarding NORDEN’s expectations for the EBIT result
for 2015

Further to company announcement number 13 of 24 June 2015, Dampskibsselskabet
NORDEN A/S can report that the raised expectations for the result in Dry Cargo
is based on a preliminary estimate for EBIT in the first half -year of 2015 for
the Dry Cargo Department of approximately breakeven as well as a midpoint of
expectations for the EBIT result for the Dry Cargo Department for the rest of
the year of USD -10 to -15 million.

                              Kind regards,
                      Dampskibsselskabet NORDEN A/S

Further information:
Michael Tønnes Jørgensen, Executive Vice President & CFO, tel. +45 3315 0451
Martin Badsted, Executive Vice President, tel. +45 3315 0451

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DAMPSKIBSSELSKABET NORDEN A/S, 52, STRANDVEJEN, DK-2900 HELLERUP, CVR NO.
                                67758919