Rank	Investor	Holding	Stake	Type	Country
1	TALLYMAN AS	2,281,044	23.58%	Ordinary	NOR
2	J.P. MORGAN SE	1,206,096	12.47%	Nominee	LUX
3	VARNER EQUITIES AS	839,668	8.68%	Ordinary	NOR
4	J.P. MORGAN SE	833,076	8.61%	Nominee	LUX
5	INTERTRADE SHIPPING AS	527,500	5.45%	Ordinary	NOR
6	J.P. MORGAN SE	388,630	4.02%	Nominee	LUX
7	FOLKETRYGDFONDET	341,216	3.53%	Ordinary	NOR
8	MP PENSJON PK	276,636	2.86%	Ordinary	NOR
9	THE BANK OF NEW YORK MELLON	241,160	2.49%	Nominee	USA
10	SKIPSREDER TOM WILHELMSENS STIFTEL	236,000	2.44%	Ordinary	NOR
11	SALT VALUE AS	203,047	2.10%	Ordinary	NOR
12	WILH. WILHELMSEN HOLDING ASA	190,025	1.96%	Ordinary	NOR
13	TOHATT AS	125,000	1.29%	Ordinary	NOR
14	J.P. MORGAN SE	124,334	1.29%	Nominee	LUX
15	NORDNET BANK AB	69,552	0.72%	Nominee	SWE
16	STATE STREET BANK AND TRUST COMP	65,498	0.68%	Nominee	USA
17	J.P. MORGAN SE	58,532	0.61%	Nominee	LUX
18	AVANZA BANK AB MEGLERKONTO	56,660	0.59%	Ordinary	SWE
19	CATILINA INVEST AS	56,390	0.58%	Ordinary	NOR
20	SURFSIDE HOLDING AS	51,000	0.53%	Ordinary	NOR
	Total top 20 shareholders	8,171,064	84.47%
	Other shareholders	1,502,569	15.53%
	Total	9,673,633	100.00%