Concordia Maritime AB Interim report, 9 months 1 January – 30 September 2013

Regulatory News:

Concordia Maritime AB (STO:CCORB):

· Q3 freight rates for vessels on the open market slightly better than in Q2

· Nine of the fleet’s 13 vessels employed on the open market

· P-MAX through the Northeast Passage

Total income, SEK 372.1 million (417.1)

EBITDA, SEK 135.5 million (175.4)

Operating result before impairment, SEK 27.4 million (61.9)

Impairment, SEK 0.0 million (-408.8)

Operating result after impairment, MSEK 27.4 (-346.9)

Result after tax, SEK 2.0 million (-365.7)

Result per share, SEK 0.04 (-7.66)

EBITDA, USD 20.8 million (25.8)

Available liquid funds 1) SEK 358.7 million (570.4)

1)  Including unutilized available credit facilities

Concordia Maritime is an international tanker shipping company. Our focus is on cost-effective and safe transportation of refined petroleum products and vegetable oils. The company’s B shares were admitted to trading on Nasdaq OMX Stockholm in 1984. www.concordiamaritime.com

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