9-month report

INTERIM REPORT CONCORDIA MARITIME AB * Profit from ship operation was MSEK 112.3 (92.8) * Very good freight rates for Concordia's large tankers so far this year: USD 28,100 (24,800) per day for its VLCCs and USD 37,400 (31,200) for its ULCCs * Falling freight markets since September. * The forecast full-year profit has thus been readjusted from MSEK 130 to approx. MSEK 112 * Net worth per share after full conversion is SEK 28.2 (29.01) * Continued good ship operation with low costs and high quality Access the whole report in word- and pdf- format at http://www.bit.se ------------------------------------------------------------ http://www.bit.se/bitonline/1998/10/22/19981022BIT00080/980930eng.pdf http://www.bit.se/bitonline/1998/10/22/19981022BIT00080/980930eng.doc