Nordic American Tankers Ltd (NYSE: NAT) – Vice Chairman Alexander Hansson increases holding above 5 million shares

Dear Shareholders and Investors,

Non-Executive Vice Chairman and Board member of NAT, Alexander Hansson, has today bought 300,000 shares at $2.72 per share. He is now holding 5,050,000 shares.

Following this transaction, the Hansson family owns 9,900,000 shares – being the largest private shareholder group in the company.

For contacts, please see at the end of this communication.

Sincerely,

Herbjorn Hansson
Founder, Chairman & CEO

Nordic American Tankers Ltd.                                                        www.nat.bm

Contacts:       

Bjørn Giæver, CFO                                                             
Nordic American Tankers Ltd                                             
Tel: +1 888 755 8391                                  

Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171