Broström sells product tanker BRO TINA

The sale gives a profit of approximately SEK 50 million and a cash surplus of about SEK 60 million. The Broström strategy is to lead the market in terms of quality, safety and the environment. Broström has over the years continuously renewed its fleet and invested in new and modern tonnage, making the Broström fleet one of the world’s most modern and diversified product tanker fleets. Broström has entered into an agreement for sale of the product tanker BRO TINA with delivery in June this year. The vessel has a deadweight of 27,820 and is built in 1987. The sale gives a profit of approximately SEK 50 million and a cash surplus of about SEK 60 million. Göteborg, 29 April 2005 BROSTRÖM AB (publ) For further information: Lennart Simonsson, CEO Broström, Tel +46 31 61 61 00