Updated Articles of Association

| Source: Nordic Shipholding A/S in liquidation Nordic Shipholding A/S in liquidation 

Company Announcement no. 23 / 2010
Published via NASDAQ OMX 11 November 2010.

New Articles of Association, as adopted at the extraordinary general meeting
held on 5 November 2010, are attached. 

Note: in case of discrepancy between the Danish version and the English
translation, the Danish version shall prevail.

Attachments

articles of association nordic tankers as 2010.11.05.pdf