BROSTRÖM sells older tanker vessel

BROSTRÖM sells older tanker vessel The sale gives Broström a profit of approximately MSEK 2 and a cash surplus of around MSEK 30. In line with Broström's strategy to lead the market in terms of quality, safety and the environment the company has decided to sell one of its few remaining older single-hulled vessels BRO BARA. This product tanker of 30,000 dwt was built in 1982. The sale of BRO BARA further reduces the average age of the remaining Broström fleet to 8 years, which makes the fleet one of the world's most modern diversified product tanker fleets in the range from 4,000 to 80,000 dwt. Göteborg 21 October 2004 BROSTRÖM AB (publ) For further information: Lennart Simonsson, CEO Broström, Tel +46 31 61 61 00 More information about Broström can be found on www.brostrom.se Broström is one of the leading logistics companies for the oil and chemical industry, focusing on industrial product and chemical tanker shipping and marine services. Broström is based all over the world and operates within two areas: Shipping and Marine & Logistics Services. Broström's head office is located in Göteborg, Sweden. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/10/21/20041021BIT20420/wkr0001.pdf Press release in pdf

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Broström is one of the leading logistics companies for the oil and chemical industry, focusing on industrial product and chemical tanker shipping and marine services. Broström is based worldwide, with head offices in Göteborg, Sweden.

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