Rank	Investor	Holding	Stake	Type	Country
1	LOHRMANN ATLE	77,891,318	40.52%	Ordinary	GBR
2	FERD GO HOLDING AS	43,739,651	22.75%	Ordinary	NOR
3	FOLKETRYGDFONDET	9,523,809	4.95%	Ordinary	NOR
4	VERDIPAPIRFONDET DNB NORGE	8,480,848	4.41%	Ordinary	NOR
5	THE NORTHERN TRUST COMP, LONDON BR	6,973,700	3.63%	Nominee	GBR
6	VERDIPAPIRFONDET DNB SMB	3,697,597	1.92%	Ordinary	NOR
7	BROWN BROTHERS HARRIMAN & CO.	3,268,400	1.70%	Nominee	USA
8	GENERAL OCEANS ASA	2,133,290	1.11%	Ordinary	NOR
9	LOCO HOLDING AS	1,890,000	0.98%	Ordinary	NOR
10	THE BANK OF NEW YORK MELLON	1,755,440	0.91%	Nominee	USA
11	KMB ENTERPRISES PTY LIMITED ATF	1,632,435	0.85%	Ordinary	AUS
12	CITIBANK, N.A.	1,525,105	0.79%	Nominee	IRL
13	SKANDINAVISKA ENSKILDA BANKEN AB	1,466,661	0.76%	Ordinary	SWE
14	ROSENTHAL FLEMING FAMILY TRUST	1,196,790	0.62%	Ordinary	USA
15	PORTIA AS	1,000,000	0.52%	Ordinary	NOR
16	TIGERSTADEN MARINE AS	1,000,000	0.52%	Ordinary	NOR
17	PEDERSEN TORSTEIN KANSTAD	964,292	0.50%	Ordinary	NOR
18	J.P. MORGAN SE	950,000	0.49%	Nominee	LUX
19	DM WHILLAS FAMILY TRUST	840,000	0.44%	Ordinary	AUS
20	TOLUMA NORDEN AS	819,000	0.43%	Ordinary	NOR
	Total top 20 shareholders	170,748,336	88.82%
	Other shareholders	21,496,970	11.18%
	Total	192,245,306	100.00%