Stock Exchange Release no. 46 Made public via OMX on 3 February 2009 Management situation and financial position At the board meeting of Nordic Tankers A/S on 3 February 2009, it was decided to temporarily appoint Flemming Krusell Sørensen as CEO with immediate effect. Consequently, Flemming Krusell Sørensen will become an ordinary member of the Supervisory Board of the company. Attorney Sven Rosenmeyer Paulsen will replace Flemming Krusell Sørensen as Deputy Chairman. Claus Breitenbauch has rejoined the Management Board as COO. The Supervisory Board announces that the company has an entirely satisfactory equity capital level and has available funds and adequate borrowing facilities. The Supervisory Board has launched an investigation of the transactions conducted by the former management and announces that following a preliminary assessment, those transactions do not seem to threaten the financial position of the company. For further information Chairman of the Supervisory Board Klaus Kjærulff, tel.: +45 40 10 81 11