Odfjell SE has today, 19. December 2014, sold 5,891,166 A-shares and 2,322,482 B-shares to DNB Markets at an agreed price of NOK 23.85 and NOK 22.85 respectively, and has entered into a Total Return Swap (TRS) for 5,891,166 A-shares and 2,322,482 B-shares for agreed strike prices of NOK 24.07 and NOK 23.06 respectively, with expiry 19 March 2015.

After these transactions Odfjell SE owns no shares in Odfjell SE.

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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