Interim Report for Concordia Maritime AB -- 1 January -- 30 September, 2005


GOTHENBURG, Sweden, Oct. 20, 2005 (PRIMEZONE) -- Interim Report for Concordia Maritime AB - 1 January -- 30 September, 2005:


 - Profit after tax SEK 35.5 (114.0) million, including a profit
   of SEK 53.3 (44.8) million on the sale of ships and exchange
   rate differences of SEK -48.5 (0) million
 - Profit per share after tax: SEK 0.74 (2.39)
 - Net sales: SEK 246.8 (352.8) million
 - Equity: SEK 1,740.7 million corresponding to SEK 36.47 per share,
   an increase of SEK 2.60 per share since 31-12-2004
 - Forecast for 2005: SEK 100 million before tax and exchange rate
   differences corresponding to SEK 2.10 per share, i.e. unchanged
   compared to the previous forecast
 - Delivery of first P-MAX tanker, Stena Paris, in November

 Hans Noren, President
  +46 (0)31-85 51 01
 +46 ( 0)704-85 51 01

 Goran Hermansson, Financial Manager
 +46 (0)31-85 50 46
 +46 ( 0)704-85 50 46

 Concordia Maritime AB (publ)
 Danmarksterminalen SE-405 19
 GOTHENBURG SWEDEN

 Phone, head office: +46 31-85 50 00
 Corporate number: 556068-5819
 www.concordia-maritime.se

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