Interim Report 1 January-30 September 2012

• Weak market during the quarter
• Stena Primorsk chartered out to new customer
• Another P-MAX tanker, Stena President, converted to IMO 3

Total income, SEK 417.1 million

EBITDA, SEK 175.4 million

Operating result before impairment, SEK 61.9 million

Impairment, SEK -408.8 million

Operating result after impairment, SEK -346.9 million

Result after tax, SEK -365.7 million

Result per share, SEK -7.66

EBITDA, USD 25.8 million

Available liquid funds, SEK 570.4 million (including unutilized credit facilities)

Hans Norén, President, +46 704 855101

Anna Forshamn, CFO, +46 704 855172

Concordia Maritime is an international tanker shipping company. Our focus is on cost-effective and safe transportation of refined petroleum products and vegetable oils. The company’s B shares were admitted to trading on Nasdaq OMX Stockholm in 1984. www.concordiamaritime.com

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