Odfjell SE : Extension of TRS agreement

On 1 October 2012 Odfjell SE entered into a Total Return Swap (TRS) agreement with DNB Markets. The TRS comprises 5,891,166 A-shares and 2,322,482 B-shares with expiry on 2 January 2013. Today, the expiry date for this TRS has been extended to 4 February 2013, with agreed strike prices of NOK 23.50 and NOK 23.10 respectively.

For more information, please contact:

Terje Iversen, CFO Odfjell SE
Tel: +47 55 27 00 00
Email: Terje.Iversen@odfjell.com
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Source: Odfjell SE via Thomson Reuters ONE


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