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	9,912,915	5.16%	Ordinary	NOR
4	VERDIPAPIRFONDET DNB NORGE	6,745,769	3.51%	Ordinary	NOR
5	STATE STREET BANK AND TRUST COMP	4,033,562	2.10%	Nominee	USA
6	THE NORTHERN TRUST COMP, LONDON BR	3,620,682	1.88%	Nominee	GBR
7	VERDIPAPIRFONDET DNB SMB	3,595,000	1.87%	Ordinary	NOR
8	VOLLEN MAGNUS	3,101,850	1.61%	Ordinary	NOR
9	BROWN BROTHERS HARRIMAN & CO.	2,879,021	1.50%	Nominee	USA
10	THE BANK OF NEW YORK MELLON	2,494,300	1.30%	Nominee	USA
11	GENERAL OCEANS ASA	2,133,290	1.11%	Ordinary	NOR
12	LOCO HOLDING AS	1,890,000	0.98%	Ordinary	NOR
13	KMB ENTERPRISES PTY LIMITED ATF	1,632,435	0.85%	Ordinary	AUS
14	SAXO BANK A/S	1,250,409	0.65%	Nominee	DNK
15	ROSENTHAL FLEMING FAMILY TRUST	1,196,790	0.62%	Ordinary	USA
16	J.P. MORGAN SE	1,000,000	0.52%	Nominee	LUX
17	PORTIA AS	1,000,000	0.52%	Ordinary	NOR
18	TIGERSTADEN MARINE AS	1,000,000	0.52%	Ordinary	NOR
19	PEDERSEN TORSTEIN KANSTAD	987,290	0.51%	Ordinary	NOR
20	INTERACTIVE BROKERS LLC	934,436	0.49%	Nominee	USA
	Total top 20 shareholders	171,038,718	88.97%
	Other shareholders	21,206,588	11.03%
	Total	192,245,306	100.00%