TORM publishes an updated annual report for 2011

News Release TORM A/S April 23, 2012

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TORM publishes an updated annual report for 2011 with the
following changes:
• ”Statement by management” (page 86) adjusted to reflect
the content of the conditional
framework agreement in principle with the Coordination Committee
and its major time charter
partners regarding a long-term financing solution that was
published in announcement no. 14
dated 4 April 2012.
• ”Independent auditor’s report”
(pages
87-88) is changed from ”disclaimer of
opinion” to
”unqualified audit opinion but with emphasis of
matter”.
• ”Note 2 - Liquidity, Capital Resources, Going
Concern and Subsequent events” (page 57)
updated to reflect the Company’s situation as of today.
• ”Chairman and CEO statement” (pages 4-5) is updated to reflect
the Company’s situation as
of today.
• ”2011 highlights” (page 7) is updated to reflect the
changes in the ”Independent auditor’s
report” and the content of the conditional framework agreement in
principle.
This annual report will be presented for adoption at the annual general
meeting on 23 April 2012.</DIV></BODY></HTML>