Nordic American Tankers Cancels Order for Suzemax Tanker

In our press release of March 20, Nordic American Tankers Ltd.

announced that it had entered into an agreement to acquire a suezmax tanker.  The tanker was to be delivered no later than mid-May 2013.  On request of the Seller of the vessel, NAT agreed to extend the delivery date until June 15, at the latest.  Towards the end of May, we were advised by the Sellers that the vessel probably would not be ready for delivery June 15.  Thereafter, NAT has used its contractual right to cancel the contract.  This cancellation will not impact the expansion plans presently under consideration by NAT.CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTSMatters discussed in this press release may constitute forward-looking statements.  The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including