Norden: Major shareholder announcement

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

30 Sep 2009

Pursuant to section 29, subsection 1 of the Danish Securities Trading Act, NORDEN hereby announces that the Company has been informed that Kristiansands Tankrederi AS, which holds 4,869,640 shares in Dampskibsselskabet NORDEN A/S corresponding to approximately 10.9% of
the total nominal share capital of NORDEN, has merged with POLYSHIPPING AS, which – like Kristiansands Tankrederi AS – is a wholly owned subsidiary of Rasmussengruppen AS.
The merger takes place with POLYSHIPPING AS as the surviving company, and the shareholding in Dampskibsselskabet NORDEN A/S will hereafter lie with this company.

Source: Norden A/S