Farstad Shipping ASA (OSL:FAR) Report 2Q And 1st Half Year 2008

Farstad Shipping ASA (OSL:FAR) Attached please find Report 2Q and 1st half year 2008.

Farstad Shipping achieved an operating income of NOK 662.7 million for the 2nd quarter. The operating profit (EBIT) was NOK 255.9 million. The profit after taxes was NOK 225.5 million.

The operating income at 30.06.08 was NOK 1,288.0 million. The operating profit (EBIT) was 492.0 million. The profit after taxes was NOK 398.2 million.

Contacts for further information:

CEO Karl-Johan Bakken - +47 90 10 56 97 CFO Torstein L. Stavseng - +47 91 10 70 01

www.farstad.no



LINK: http://hugin.info/45/R/1245304/268848.pdf

Farstad Shipping ASA

http://www.farstad.no/

ISIN: NO0003215303

Stock Identifier: XOSL.FAR