Concordia Maritime - Oil should always travel first class

Final Accounts 1 Jan – 31 Dec 2009

• Net turnover: SEK 599.3 (560.0) million
• Result after tax SEK –81.1 (95.8) million including non-recurring items of SEK –174.3 million
• Result per share after tax: SEK –1.70 (2.01)
• EBITDA of USD 21.0 (24.7) million
• Available liquid funds (including unutilised credit facilities) SEK 536.0 (507.5) million
• Proposed dividend: SEK 1.00 (1.00) per share
• Forecast for 2010: A profit before tax of USD 9.5 million (approx. SEK 70.0 million)

• Business operations proceeding according to plan
• Temporarily stronger market due to declining stock levels, winter and cold weather

Concordia Maritime invites you to a teleconference on 24 February, 2010, 10:00 CET.

The Financial Statement for the full year (published 23 February 2010)
will be presented and questions answered.

Attending:
Hans Norén, President
Göran Hermansson, Financial Manager
Phone: +44 (0)20 7162 0077 or
+46 (0)8 5052 0110
Conference title: Concordia Maritime

Recorded conference is available until 3 March 2010.
Phone +44 (0)20 7031 4064
+46 (0) 8 5052 0333
Code: 858068
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