Odfjell Konsern (OSL:ODF) OCT Aquisition Of Shares

Odfjell Konsern (OSL:ODF) On 21 October 2008 Odfjell Chemical Tankers AS, a company fully owned by Odfjell SE, acquired 800 A- shares at NOK 47.275. After this purchase Odfjell Chemical Tankers AS owns 1,679,500 A-shares and 2,322,482 B-shares in Odfjell SE, this is about 4,6% of the total shares in the company.

Excluding the shares owned by Odfjell Chemical Tankers AS, the number of outstanding shares in Odfjell SE is 82,766,966.

Press contact: Haakon Ringdal, CFO, ph. +47 5527 4563 or +47 995 83 620, E-mail haakon.ringdal@odfjell.com.

Additional information about Odfjell is available at www.odfjell.com.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Odfjell Konsern

http://www.odfjell.com

ISIN: NO0003399909

Stock Identifier: XOSL.ODF

US: ODJAF.PK