Summons to annual general meeting

The Annual General meeting in Saga Tankers ASA will take place on 24 May 2011 at 10.00 hrs (CET) at the premises of the Company at Haakon VII gate 1, 8th floor in Oslo, Norway.

Shareholders may submit their votes electronically in advance. Please see instructions in the notice.

Please find the enclosed Notice of Annual General Meeting. The Notice and corresponding attachments will also be available on the company's webpage www.sagatankers.no.

Oslo, 29 April 2011

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.