Interim Report For Concordia Maritime AB (publ) 1 January - 31 March, 2004


GOTHENBURG, Sweden, May 5, 2004 (PRIMEZONE) -- Concordia Maritime AB


 -- 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 Noren

 Further information may be obtained from: 
 Lars Carlsson
 tel. +46 31 85 50 03 or +46 704 85 50 03 

 Hans Noren
 tel.+46 31 85 51 01 or +46 704 85 51 01

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/05/05/20040505BIT21060/wkr0006.pdf