Saga Pure — Board/Management Information 2015

Mar 26, 2015

Saga Tankers ASA : Information regarding Extraordinary General Meeting

Saga Tankers ASA : Information regarding Extraordinary General Meeting

Reference is made to the notice of an Extraordinary General Meeting ("EGM") of

Saga Tankers ASA (the "Company") to be held on 27 March 2015, as announced on

27 February 2015. As set out in the notice, the EGM shall elect board members.

The Company has received a proposal from the major shareholder Øystein Stray

Spetalen that Martin Nes is appointed as

Chairman of the board, and that Øystein Stray Spetalen, Yvonne Litsheim

Sandvold(independent) and Kristin Hellebust (independent)

are appointed as board members.

For further information contact:

CEO Espen Lundaas

Tel + 47 924 31 417

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1906675]