Company announcement no. 16 / 2010 Issued via NASDAQ OMX 31 May 2010 Capital increase On 19 May 2010 Nordic Tankers A/S completed a capital increase, cf. company announcement no. 12 / 2010 of 19 May 2010. Pursuant to section 6 of Executive Order no. 1273 of 16 December 2008 on issuer's disclosure obligations, it is hereby annunced that at the end of May 2010, the total share capital of Nordic Tankers A/S amounts to DKK 377.648.880 distributed on 37.764.888 shares with a nominal value of DKK 10, and corresponding to 37.764.888 votes. The updated articles of association were made public in company announcement no. 13 / 2010 of 19. May 2010. Best regards Nordic Tankers A/S