Odfjell Executive Management Group

JAN A. HAMMER President/CEO Born 1957. Mr. Hammer has been with the Company since 1985. He has held various management positions within Odfjell, both in chartering and tank terminal activities. 3,200 shares and no options.

HAAKON RINGDAL Senior Vice President/CFO Born 1954. Mr. Ringdal joined Odfjell in 2001. He has previous experience from the finance and accounts area within shipping, banking, property and insurance. 2,000 shares and no options.

TORE JAKOBSEN Senior Vice President, Corporate Investements Born 1951. Mr. Jakobsen joined Odfjell in October 2005. Previous position as President/CEO of Westfal-Larsen & Co A/S in Bergen. 10,000 shares and no options.

LAURENCE W. ODFJELL President Tank Terminals. Born 1965. Board Member 2004-2007. He has previous experience working with tank terminals in South America. The Board will recommend to the shareholders that he is elected as the new Chairman of the Company as from 4 May 2010. 27,121,568 shares (incl. related parties) and no options.