MANDATORY NOTIFICATION OF TRADE

Heidi M. Petersen, member of the board of Eitzen Chemical ASA, has through Luuna
as on 20 May 2011 acquired 250,000 shares in Eitzen Chemical ASA at a price
of NOK 0,79 per share. Total holding after the transaction is 250,000 shares.

For further information, please contact:

Per-Hermod Rasmussen
Chief Financial Officer
Telephone 0047 2400 6100
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



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MANDATORY NOTIFICATION OF TRADE