ANNOUNCEMENT
NO. 24 – 2008
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8
December 2008
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Complete
Proposals for the Extraordinary General Meeting
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Enclosed
please find the complete proposals for the Extraordinary General Meeting
on 16 December 2008 for A/S Dampskibsselskabet TORM.
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Contact:
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N.
E. Nielsen, Chairman of the Board, telephone +45 72 27 00
00
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Mikael
Skov, CEO, tel.: +45 39 17 92 00
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Roland
M. Andersen, CFO, tel.: +45 39 17 92 00
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About
TORM
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TORM
is one of the world's leading carriers of refined oil products as well as
being a significant participant in the dry bulk market. The Company
operates a combined fleet of more than 130 modern vessels, principally
through a pooling cooperation with other respected shipping companies who
share TORM's commitment to safety, environmental responsibility and
customer service.
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TORM
was founded in 1889. The Company conducts business worldwide and is
headquartered in Copenhagen, Denmark. TORM’s shares are listed on the
Copenhagen Stock Exchange (ticker TORM) as well as on the NASDAQ (ticker
TRMD). For further information, please visit www.torm.com.
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Safe
Harbor
Forward
Looking
Statements
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Matters
discussed in this release may constitute forward-looking statements.
Forward-looking statements reflect our current views with
respect to future events and financial performance and may include
statements concerning plans, objectives, goals, strategies, future events
or performance, and underlying assumptions and other statements, which are
other than statements of historical facts. The forward-looking statements
in this release are based upon various assumptions, many of which are
based, in turn, upon further assumptions, including without limitation,
Management’s examination of historical operating trends, data contained in
our records and other data available from third parties. Although TORM
believes that these assumptions were reasonable when made, because
these assumptions are inherently subject to significant uncertainties
and contingencies which are difficult or impossible to predict and are
beyond our control, TORM cannot assure you that it will achieve or
accomplish these expectations, beliefs or
projections.
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Important
factors that, in our view, could cause actual results to differ materially
from those discussed in the forward looking statements include the
strength of world economies and currencies, changes in charter hire rates
and vessel values, changes in demand for “tonne miles” of oil carried by
oil tankers, the effect of changes in OPEC’s petroleum production levels
and worldwide oil consumption and storage, changes in demand that may
affect attitudes of time charterers to scheduled and unscheduled
dry-docking, changes in TORM’s operating expenses, including bunker
prices, dry-docking and insurance costs, changes in governmental rules and
regulations including requirements for double hull tankers or actions
taken by regulatory authorities, potential liability from pending or
future litigation, domestic and international political conditions,
potential disruption of shipping routes due to accidents and political
events or acts by terrorists. Risks and uncertainties are further
described in reports filed by TORM with the US Securities and Exchange
Commission, including the TORM Annual Report on Form 20-F and its reports
on Form 6-K.
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Forward
looking statements are based on management’s current evaluation, and TORM
is only under obligation to update and change the listed expectations to
the extent required by law.
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ANNOUNCEMENT
NO. 24 – 2008
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8 DECEMBER
2008
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A/S
DAMPSKIBSSELSKABET TORM – COMPLETE PROPOSALS FOR THE EXTRAORDINARY GENERAL
MEETING
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1/2
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1.
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Proposals
from the Board of Directors:
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a.
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Authorisation
to the Board of Directors to resolve to distribute interim
dividend.
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b.
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Authorisation
to the Board of Directors (with a right of substitution) to apply for
registration of the resolutions passed and to make any such amendments
thereto as may be required or requested by the authorities as a condition
for registration or approval.
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ANNOUNCEMENT
NO. 24 – 2008
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8 DECEMBER
2008
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A/S
DAMPSKIBSSELSKABET TORM – COMPLETE PROPOSALS FOR THE EXTRAORDINARY GENERAL
MEETING
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2/2
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A/S
STEAMSHIP COMPANY TORM
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(registrant)
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Dated:
December 8, 2008
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By:
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/s/
Mikael Skov
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Name:
Mikael Skov
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Title: Interim
Chief Executive Officer
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