Nordic Shipholding changes its management

7/9/2012 6:56 AM EST

Nordic Shipholding A/S
Changes board/management/auditors

Nordic Shipholding changes its management

Company Announcement No. 9/2012

Published via NASDAQ OMX on 9 July 2012

As part of the agreement with Tankers Inc. regarding future management and
administration of Nordic Shipholding, as described in Company Announcement No.
8/2012 published on 9 July 2012, Thomas Andersen has as of 9 July 2012 been
appointed as CEO of Nordic Shipholding. Thomas Andersen is also CFO of Tankers
Inc. At the same time, CEO Tommy Thomsen of Nordic Shipholding resigns his
position with the company. 

For further information, please contact:

Knud Pontoppidan, Chairman of the Board, Nordic Shipholding A/S: (+45) 40 58 36
40.