INTERIM REPORT FOR CONCORDIA MARITIME AB (publ) 1 January – 31 March, 2004

- Profit after tax SEK 44.3 (67.3) million – SEK 0.93 (1.41) per share - Forecast for full year: SEK 150 million (SEK 3.14 per share) – an increase of SEK 15 million compared with earlier forecast - The forecast for the full year includes a capital gain of approx. SEK 70 million on the sale of ships - Lars Carlsson steps down as President and is succeeded by Executive Vice President Hans Norén Further information may be obtained from: Lars Carlsson tel.+46 31 85 50 03 or +46 704 85 50 03 Hans Norén tel.+46 31 85 51 01 or +46 704 85 51 01