REVISED FORECAST FULL YEAR RESULT 2007

REVISED FORECAST FULL YEAR RESULT 2007

-	Forecast full year 2007 MSEK 50 (previous forecast MSEK 65)
-	Per share SEK 1.05 (previous forecast 1.36)

In the forecast presented in the third quarter report it was stated that freight
levels of USD 28,000 per day in the product tanker market were required to meet
the forecasted result of MSEK 65. The expected market upturn has not
materialized and the freight levels have so far been substantially lower. 

All the existing vessels in the company's fleet are chartered out on long term
contracts at fixed day rates. Some of these contracts contain profit share
clauses, which mean that Concordia Maritime receives a share of the earnings
above the base rate in the contract. This profit share element is adjusted down
to zero for the fourth quarter and thus the forecast for the full year is
adjusted downwards to MSEK 50 (previous forecast MSEK 65) corresponding to SEK
1.05 per share (previous forecast SEK 1.36).

The operation of the company has otherwise developed well and according to plan.

Graph MR Earnings, please see attached pdf.

Hans Norén	
President	
Telefon +46 31 855101	
Mobil +46 704 855101

Göran Hermansson
Financial Manager
Tel +46 31 855046
Mobil +46 704 855046

Concordia Maritime is an international tanker shipping company listed on the OMX
Nordic Exchange in Stockholm. The company has ordered ten tankers, which are
being built in accordance with the MAX concept. These vessels, P-MAX, are
product tankers of about 65,200 dwt. The MAX concept means that the vessels are
designed for maximum loading capacity in shallow waters. They have been designed
according to a new concept for safer oil transportation with double main engines
in two completely separate engine rooms, double rudders and steering gear, two
propellers and double control systems. www.concordia-maritime.se