Independent Tankers Corporation Limited ("ITCL") today announced the release of its annual report for the year ended December 31, 2011. The report can be downloaded from ITCL's website www.itcl.bm or from the link enclosed.

Independent Tankers Corporation Limited
Hamilton, Bermuda
April 30, 2012

Questions should be directed to:

Magnus Vaaler, Vice President Finance, Frontline Management AS, +47 23 11 40 00