ODFJELL - FIRST QUARTER 2010 PRESENTATION

Odfjell SE's first quarter 2010 results will be released Tuesday 4 May 2010. The

result will be published on Oslo Børs atwww.newsweb.no

and on www.odfjell.com . A webcast with a conference

call in English will be held on Wednesday 5 May at 14:00 CET, details listed

below.

On Wednesday 5 May President/ CEO Jan A. Hammer and CFO Haakon Ringdal will

present the first quarter 2010 result in a conference call at 14:00 CET. There

will be opportunity to ask questions.

Participant numbers:

+44 (0)20 7136 2052      UK/International

+1 212 444 0481            USA

+47 2415 9756               Norway

An alive audio webcast presentation will be made available on

www.odfjell.com/Investor Relation/Reports and

Presentations/Webcasts.

Replay

A replay of the conference call will be made available

onwww.odfjell.com/Investor Relations/Reports

and Presentations/Webcasts until 4 June 2010.

Access code: 5476113#

Access numbers:

+44 (0)20 7111 1244      UK

+1 718 354 1112            USA

+47 2100 0498               Norway

Press contact: Margrethe Gudbrandsen, Communication Manager, ph. +

47 55 27 45 48 or  + 47 48 07 47 47. E-mail:[email protected]

Additional information about Odfjell is available at:www.odfjell.com

The Odfjell Group is a leading participant in the global market of the seaborne

transportation and storage of chemicals and other speciality bulk liquids.

The Odfjell fleet exceeds 90 ships, trading both globally and regionally. The

tank terminal division consists of nine fully or partially owned tank terminals

and nine associated tank terminals strategically located. The Odfjell Group is

headquarted in Bergen, Norway and has more than 20 offices world wide. Odfjell

has about 3 700 employees and an annual gross revenue of about USD 1.3 billion.

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

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