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Notice and Complete Proposals for the Annual General Meeting 2013



Notice and Complete Proposals for the Annual General Meeting 2013

COPENHAGEN, Denmark, March 15, 2013 (GLOBE NEWSWIRE) --

Attention: 
Shareholders in TORM A/S                                                

                                                       Hellerup, 15 March 2013

Annual General Meeting in TORM A/S - 11 April 2013

Shareholders in TORM A/S are hereby invited to the Annual General Meeting
(AGM) on Thursday, 11 April 2013 at 10:00 am CET at Radisson Blu Falconer
Hotel, Falkoner Alle 9, DK-2000 Frederiksberg.

Agenda and complete proposals

The agenda and complete proposals from the Board of Directors are enclosed.

The Board of Directors would like to highlight proposal 7.b. regarding an
authorization to terminate the Company's American Depositary Receipt ("ADR")
program and in this connection allow the Company to acquire own shares as well
as delist the Company's American Depository Shares ("ADS") from Nasdaq Capital
Market, USA, and deregister the Company's securities under the U.S. Securities
Exchange Act of 1934, as amended. The Board of Directors finds that it would
be in the interest of the Company due to the limited size of the ADR program
and the costs involved with a listing on Nasdaq and the reporting and filing
obligations under the U.S. Exchange Act. The ADR program represents
approximately 0.5% of the Company's total share capital, following the capital
increase carried out in connection with the Company's restructuring in
November 2012.

Introduction of electronic communication

The Board of Directors has decided to exercise the authorization to introduce
electronic communication with effect from 12 April 2013. TORM has enclosed a
separate form on this matter and will also make information available about
the procedures for the use of electronic communication on the Company's
website www.torm.com.

The Board of Directors hopes that you as a shareholder will support TORM by
participating in the AGM or by submitting your vote either by proxy or postal
vote.

Yours sincerely

On behalf of the Board of Directors

Flemming Ipsen

Chairman of the Board of Directors

P.S. Please note that there will be no buffet or cold refreshments at the AGM.

                 NOTICE CONVENING THE ANNUAL GENERAL MEETING

Notice is hereby given in accordance with Article 5 of the Articles of
Association of TORM A/S (CVR no. 22460218) that the Annual General Meeting
(AGM) will be held on:

                  Thursday, 11 April 2013 at 10:00 am (CET)

at Radisson Blu Falconer Hotel, Falkoner Alle 9, DK-2000 Frederiksberg with
the following

                                    AGENDA

  1.  The Board of Director's report on the activities of the Company in the
  past year

  2.  Adoption of the Annual Report for 2012

  3.  The Board of Director's proposal for provision for losses in accordance
  with the adopted Annual Report

  4.  Resolution to discharge the members of the Board of Directors and the
  Executive Management from liability

  5.  Election of members to the Board of Directors

  6.  Appointment of auditor

  7.  Proposals from the Board of Directors

       a.  Approval of the level of remuneration of the Board of Directors for
  the year 2013

       b.  Authorization of the Board of Directors to terminate the Company's
  American
            Depositary Receipt ("ADR") program and in this connection allow
  the Company to
            acquire own shares as well as delist the Company's American
  Depository Shares ("ADS") 
            from Nasdaq Capital Market, USA and deregister the Company's
  securities under the
            U.S. Securities Exchange Act of 1934, as amended

   8.  Any other business

                                     ***

Adoption requirements

The AGM is only legally competent to transact business when at least one-third
of the share capital is represented (quorum), see also Article 10.1 of the
Articles of Association.

Adoption of the proposals under items 2, 3, 4, 6, 7.a and 7.b is subject to a
simple majority of votes, see also Article 10.2 of the Articles of
Association. No board members are up for re-election pursuant to Article 12.2
of the Articles of Association, and no further board members are proposed by
the Board of Directors to be elected by the AGM under item 5.

Form of notice and availability of information

Notice convening the AGM will be sent to all shareholders registered in the
Company's register of shareholders and/or ADR holders who have registered
their holdings with the Company and who have so requested. Notice will also be
announced through the Danish Business Authority's IT system and on the
Company's website, www.torm.com.

This notice including the agenda, the complete proposals, information on the
total number of shares and voting rights on the date of the notice and the
forms to be used for proxy voting and postal voting and documents to be
presented at AGM including the Company's Annual Report for 2012, will be
available at the offices of the Company and on the Company's website,
www.torm.com, in the period from Wednesday 20 March 2013 at the latest and
until and including the date of the AGM.

Safe Harbor statements as to the future

Matters discussed in this release may constitute forward-looking statements.
Forward-looking statements reflect our current views with respect to future
events and financial performance and may include statements concerning plans,
objectives, goals, strategies, future events or performance, and underlying
assumptions and statements other than statements of historical facts. The
forward-looking statements in this release are based upon various assumptions,
many of which are based, in turn, upon further assumptions, including without
limitation, management's examination of historical operating trends, data
contained in our records and other data available from third parties. Although
TORM believes that these assumptions were reasonable when made, because these
assumptions are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are beyond our
control, TORM cannot guarantee that it will achieve or accomplish these
expectations, beliefs or projections.

Important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward- looking statements include the
conclusion of definitive waiver documents with our lenders, the strength of
the world economy and currencies, changes in charter hire rates and vessel
values, changes in demand for "tonne miles" of oil carried by oil tankers, the
effect of changes in OPEC's petroleum production levels and worldwide oil
consumption and storage, changes in demand that may affect attitudes of time
charterers to scheduled and unscheduled dry-docking, changes in TORM's
operating expenses, including bunker prices, dry-docking and insurance costs,
changes in the regulation of shipping operations, including requirements for
double hull tankers or actions taken by regulatory authorities, potential
liability from pending or future litigation, domestic and international
political conditions, potential disruption of shipping routes due to accidents
and political events or acts by terrorists.

Risks and uncertainties are further described in reports filed by TORM with
the US Securities and Exchange Commission, including the TORM Annual Report on
Form 20-F and its reports on Form 6-K.

Forward-looking statements are based on management's current evaluation, and
TORM is only under an obligation to update and change the listed expectations
to the extent required by law.
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