Sales agreement regarding bulk carrier

Attached please find below text as PDF file.


Dampskibsselskabet NORDEN A/S
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NASDAQ OMX Copenhagen A/S                                   Announcement no. 25
Nikolaj Plads 6                                                  13 August 2009
1067 Copenhagen K                                                   Page 1 of 1


Sales agreement regarding bulk carrier

NORDEN has agreed to sell the bulk carrier NORD EMPATHY.

The sale is expected to generate a profit of approximately USD 12 million,
which will be recognised as income at the expected time of delivery of the
vessel in the fourth quarter of 2009. As a result, NORDEN makes an upward
adjustment of the expected operating profit (EBIT) for 2009 to USD 122-172
million, including profits from the sale of vessels of USD 67 million, against
previously expected USD 110-160 million. 

NORD EMPATHY is a 55,803 dwt Handymax bulk carrier and was built in 2006.
NORDEN acquired the vessel in 2007. 

NORDEN will publish its interim report for the first half-year on 19 August,
and the expectations will be further elaborated. 


                                   Kind regards,
                           Dampskibsselskabet NORDEN A/S


                                 Carsten Mortensen
                                  President & CEO


Contact at tel. +45 3315 0451: Martin Badsted, Senior Vice President, and Hans
Bøving, Head of Corporate Communications. 


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                           Dampskibsselskabet NORDEN A/S
                                  52, Strandvejen
                                 DK-2900 HELLERUP
                                 CVR no. 67758919
                                www.ds-norden.com