Odfjell SE

Disclosure of large shareholding / Notifiable Trade

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 24.07 and NOK 23.06 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 24.30 and NOK 23.28 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: [phone]
Email: [e-mail]

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Odfjell SE via Globenewswire

HUG#1882119