Top 20 Shareholders

 

                             Name # shares Type
1 BW GROUP LIMITED   90,245,285 49.92 Ord
2 Folketrygdfondet 5,233,008 2.83 Ord
3
Morgan Stanley & Co. LLC 3,243,692 1.75 Ord
4 Citibank N.A. 3,219,881 1.74  Nom
5 Arctic Funds PLC 2,816,094 1.52 Ord
6 Verdipapirfondet Alfred Berg Norge 2,514,269 1.36 Ord
7 Carl K. Arnet 2,310,000 1.25 Ord
8 Brown Brothers Harriman (Lux.) SCA 2,195,800 1.19 Nom
9 State Street bank & Trust Comp. 2,129,957 1.15 Nom
10 Verdipapirfondet First Generator 1,822,769 0.99 Ord
11 Verdipapirfondet Alfred Berg Gamba 1,718,280 0.93 Ord
12 Nordea Bank Abp 1,675,353 0.91 Nom
13 JPMorgan Chase Bank, N.A., London 1,652,238 0.89 Nom
14 Verdipapirfondet Pareto Investment 1,576,000 0.85 Ord
15 Verdipapirfondet Alfred Berg Aktiv 1,557,975 0.84 Ord
16 Salt Value AS 1,495,356 0.81 Ord
17 Skandinaviska Enskilda Banken AB 1,431,590 0.77 Nom
18 KLP Alfa Global Energi 1,300,000 0.70 Ord
19 Nordnet Bank AB 1,245,444 0.67 Nom
20 Morgan Stanley & Co. LLC 1,168,237 0.63 Nom

 Above numbers reflect ownership based on issued
shares excluding treasury shares.