Derivatives: Anticipated adjustment in Torm (8/07)


The following information is based on a press release from D/S Torm (Torm), dated 14 August 2007 and may be subject to change.

Torm’s Extra General Meeting on August 14, 2007, resolved to authorize the board of Torm to decide upon a distribution of DKK 2 billion, approximately DKK 27 per share, to the Torm share holders as an extraordinary dividend. The scheduled record date is 5 September 2007. Provided that the board of directors, at latest 31 August, 2007, decides to distribute dividends, OMX Derivatives Markets will carry out a re-calculation of options and futures in Torm.

Attachments

wkr0001.pdf