Odfjell SE : Contemplating bond issuance

                   Odfjell SE : Contemplating bond issuance

Odfjell SE is contemplating the sale of senior unsecured bonds in the
Norwegian bond market. In conjunction with the contemplated bond issuance,
Odfjell will consider buying back bonds maturing in December 2013 (ODF03, ISIN
NO 0010555378).

Net proceeds from the potential transactions will be used for general
corporate purposes.

DNB Markets, Nordea Markets and Swedbank First Securities have been appointed
Joint Lead Managers of the potential transactions.

Contact details:

DNB Markets, +47 22 01 77 89
Nordea Markets, +47 22 48 77 82
Swedbank First Securities, +47 23 11 62 73

For further information, please contact Odfjell SE:

Tom Haugen, Vice President Finance, +47 55 27 46 69
Terje Iversen, CFO, +47 55 27 47 39

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Odfjell SE via Thomson Reuters ONE
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