Knightsbridge Tankers Ltd. – Amendment to ex-dividend date

04.11.2004

Knightsbridge Tankers Limited

Amendment to ex-dividend date

On November 2, 2004 Knightsbridge Tankers Ltd. announced a cash dividend of $1.00 per share. Due to the banking holiday in the US on November 11, 2004 the ex-dividend date for the dividend has been changed to November 10, 2004. The record date and pay date remain as announced, at November 15 and November 29, 2004 respectively.

Hamilton, Bermuda

November 4, 2004

Questions should be directed to:

Contact: Ola Lorentzon

+ 46 703 998886

Inger M. Klemp

+ 47 23 11 40 76

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