Odfjell Executive Management Group

	TERJE STORENG President/CEO Born 1949. President/CEO since 2003. Board Member 1994-2004. Previously Managing Director of AS Rederiet Odfjell. 72 672 shares. No options. Retires 5th May 2009.		TORE JAKOBSEN Senior Vice President, Corporate Investments. 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.
	HAAKON RINGDAL Senior Vice President/CFO Born 1954. Mr. Ringdal joined Odfjell in 2001. He has previous experience from the finance/accounts area within shipping, banking, property and insurance. Mr. Ringdal will replace Mr. Storeng as President/CEO from 5th May 2009. 2 000 shares and no options.		JAN A. HAMMER Chief Operating Officer, Odfjell Tankers Born 1957. Mr. Hammer has been with the company since 1985. He has previously held various management positions within Odfjell, both in chartering and tank terminal activities. 3 200 shares and no options.
	LAURENCE WARD ODFJELL President Tank Terminals. Born 1965. Board Member 2004-2007. He has previous experience working with tank terminals in South America. 30 659 040 shares (incl. related parties) and no options.