VLCCF – Special General Meeting

Knightsbridge Tankers Limited (the “Company”) advises that a Special General Meeting of the Shareholders of the Company was held on June 25, 2014 at 9:00 a.m. at the Company’s Registered Office, 4th Floor, Par-la-Ville Place, 14, Par-la-Ville Road, Hamilton HM08, Bermuda.  The following resolution was passed:

“That the Company’s authorized share capital be increased from US$500,000.00 divided into 50,000,000 common shares of US$0.01 par value each (of which 49,121,550 are in issue) to US$2,000,000.00 divided into 200,000,000 common shares of US$0.01 par value each by the creation of 150,000,000 common shares of US$0.01 par value each.”

Hamilton, Bermuda
June 27, 2014

Questions should be directed to:

Contact:          
Ola Lorentzon: Chairman, Knightsbridge Tankers Limited
+ 46 703 998886
Inger M. Klemp: Chief Financial Officer, Knightsbridge Tankers Limited
+47 23 11 40 76