INTERIM REPORT FOR CONCORDIA MARITIME AB (publ) 1 January – 30 September, 2005

10/20/2005 8:37 AM EST

- Profit after tax SEK 35.5 (114.0) million, including a profit of SEK 53.3 (44.8) million on the sale of ships and exchange rate differences of SEK -48.5 (0) million
- Profit per share after tax: SEK 0.74 (2.39)
- Net sales: SEK 246.8 (352.8) million
- Equity: SEK 1,740.7 million corresponding to SEK 36.47 per share, an increase of SEK 2.60 per share since 31-12-2004
- Forecast for 2005: SEK 100 million before tax and exchange rate differences corresponding to SEK 2.10 per share, i.e. unchanged compared to the previous forecast
- Delivery of first P-MAX tanker, Stena Paris, in November


CONTACTS:

Hans Norén, President
+46 (0)31-85 51 01 or +46 ( 0)704-85 51 01

Göran Hermansson, Financial Manager
+46 (0)31-85 50 46 or +46 ( 0)704-85 50 46

Concordia Maritime AB (publ)
Danmarksterminalen
SE-405 19 GOTHENBURG
SWEDEN

Phone, head office: +46 31-85 50 00
Corporate number: 556068-5819
www.concordia-maritime.se