Employee-selected member resigns from TORM's Board of Directors

News Release TORM A/S April 27, 2012

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At TORM’s Annual General Meeting (AGM), the number of Board
members elected by the AGM was
reduced from six to three. Section 120 of the Danish Companies Act
provides that the majority of the
Board members shall be elected by the AGM. Consequently, the
number of employee-elected Board
members has been changed from three to two, and therefore Peter
Abildgaard has resigned from the
Board of Directors. Furthermore, Anne Rasmussen is no longer
employed by TORM and therefore
has resigned as alternate.
"On behalf of the Company, I would like to thank Peter Abildgaard
for his great efforts in the Board,
since he was elected in April 2007," says Chairman N. E.
Nielsen.
Accordingly, the Board of Directors is composed as follows:
• N. E. Nielsen (Chairman)
• Christian Frigast (Deputy Chairman)
• Jesper Jarlbæk
• Kari Millum Gardarnar (employee-elected Board member)
• Rasmus Johannes Hoffmann (employee-elected Board
member)
Contact TORM A/S
N. E. Nielsen, Chairman, tel.: + 45 4243 3343
C. Søgaard-Christensen, IR, tel.: +45 3076 1288
Tuborg Havnevej 18
DK-2900 Hellerup, Denmark
Tel.: +45 3917 9200 /</BODY></HTML>