FINANCIALVLCCF – Knightsbridge Tankers Limited Announces Filing of its Annual Report on Form 20-F

Knightsbridge Tankers Limited (the “Company”) (Nasdaq:VLCCF) announced today that it has filed its Annual Report on Form 20-F, on April 27, 2012, for the year ended 2011. The Annual Report is available for download on the Company’s website, http://www.knightsbridgetankers.com. Any shareholder may receive a hard copy of the Company’s complete Annual Report, which includes the Company’s complete 2011 audited financial statements, free of charge upon request.

Hamilton, Bermuda
April 30, 2012

Questions should be directed to:

Contact: Ola Lorentzon: Chairman and Chief Executive Officer, Knightsbridge Tankers Limited
+ 46 703 998886

Inger M. Klemp: Chief Financial Officer, Knightsbridge Tankers Limited
+47 23 11 40 00

Form 20-F 2011