NORDIC SHIPHOLDING A/S

Company Announcement no. 16/2013

Major shareholder announcement

Major shareholder announcement in accordance with section 29 the Danish Securities Trading Act

Nordic Shipholding A/S has been notified that Nordic Maritime S.à r.l. has acquired a total of 308,791,660 shares (each having a nominal value of DKK 0,10) in Nordic Shipholding A/S and now directly holds 76.03 % of the share capital and voting rights in Nordic Shipholding A/S. Nordic Maritime S.à r.l. is an indirect wholly-owned subsidiary of Pacific Alliance Asia Special Situations Fund L.P. Pacific Alliance Investment Management Limited is the investment manager for Pacific Alliance Asia Special Situations Fund L.P.