Nordic Shipholding — Board/Management Information 2012

Apr 13, 2012

Annual General Meeting 20 April 2012 – new candidate to the Board of Directors

Company announcement No. 3/2012 Published via NASDAQ OMX on 13 April 2012

In the notice dated 29 March 2012 convening the Annual General Meeting on 20 April 2012 at 10:00 AM in Bella Center, Copenhagen, the Company informed under the agenda item 5 (Election of members to the Board of Directors) that the Board of Directors proposes that the Board of Directors shall consist of 5 members and that Knud Pontoppidan, Erik Bartnes, Mogens Buschard, Henrik Lund Dal and Saravana Sivasankaran are re-elected.

Henrik Lund Dal has subsequently informed the Board of Directors that he wishes to leave the Board of Directors with effect from the Annual General Meeting and thus does not seek reelection. The Board of Directors instead proposes election of Kristian V. Mørch.

The Board of Directors thus proposes under the agenda item 5 to re-elect Knud Pontoppidan, Erik Bartnes, Mogens Buschard and Saravana Sivasankaran and to elect Kristian V. Mørch.

Background details on the proposed candidates are given in the attachment, which is available at the company's website www.nordictankers.com (available in Danish language only).

Copenhagen, 13 April 2012

Best regards

Knud Pontoppidan Chairman of the Board of Directors