Scorpio Tankers Inc. Announces Pricing of Approximately 21.6

Scorpio Tankers Inc. Announces Pricing of Approximately 21.6 Million
Shares of Common Stock 
MONACO -- (Marketwire) -- 12/05/12 --  Scorpio Tankers Inc. (NYSE:
STNG) (the "Company" or "Scorpio Tankers") announced today that it
has priced the offering of approximately 21.6 million shares of its
common stock, par value $0.01 per share, at a price of $6.10 per
share. The offering is expected to close on December 10, 2012.
Jefferies & Company, Inc. and RS Platou Markets AS are acting as
placement agents. The activities of RS Platou Markets AS in the
United States will be effected only to the extent permitted by Rule
15a-6 under the Securities Exchange Act of 1934, as amended. The net
proceeds of the offering are expected to be used to partially repay
outstanding indebtedness under the Company's 2010 Revolving Credit
Facility (the "2010 Revolving Credit Facility") and for general
corporate purposes, including vessel acquisitions and working
capital. The Company intends to re-draw all or a portion of the
amount available under the 2010 Revolving Credit Facility for working
capital and general corporate purposes and to fund future vessel
acquisitions.  
The Company's common shares trade on the New York Stock Exchange
under the symbol "STNG." 
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there be
any sale of these securities, in any state or other jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or other jurisdiction. This offering is being made only by
means of a prospectus supplement and accompanying base prospectus. A
prospectus supplement related to the offering will be filed with the
U.S. Securities and Exchange Commission (the "SEC") and will be
available on the SEC's website located at www.sec.gov. When
available, copies of the prospectus supplement and the accompanying
prospectus relating to this offering may be obtained from Jefferies &
Company, Inc., Attention: Prospectus Department, 520 Madison Avenue,
12th Floor, New York, NY 10022 (or by e-mail at:
Prospectus_Department@Jefferies.com). 
The statements in this press release that are not historical facts
may be forward-looking statements. These forward-looking statements
involve risks and uncertainties that could cause the outcome to be
materially different.  
THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A
PROSPECTUS) WITH THE SECURITIES AND EXCHANGE COMMISSION (THE "SEC")
FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU
INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT
AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE
COMPLETE INFORMATION ABOUT THE ISSUER AND THE OFFERING. YOU MAY
OBTAIN THESE DOCUMENTS FOR FREE BY VISITING EDGAR ON THE SEC WEB SITE
AT WWW.SEC.GOV. ALTERNATIVELY, THE ISSUER OR ANY PLACEMENT AGENT FOR
THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS AND THE
PROSPECTUS SUPPLEMENT IF YOU REQUEST THEM BY EMAILING JEFFERIES &
COMPANY, INC. AT Prospectus_Department@Jefferies.com. 
Scorpio Tankers Inc. 
212-542-1616 
 
 
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