Sølvtrans as expected

Total income in Q4 2010 was NOK 64,6 million, down 3% compared with Q4 the previous year. Because of an extraordinary write down of NOK 10 million on one of the ships, the pre tax result in Q4 ended at NOK - 10,7 million.

Key figures for 2010 (2009) Income increased by 15% to 254,0 million NOK (220,9). EBITDA decreased to 84,9 million NOK (86,7). EBIT down to 38,5 million NOK (58,2). Pre tax profit down to 6,3 million NOK (79,3)