Nordic American Tanker Shipping Ltd. (NAT) - (NYSE: NAT) NAT Chairman & CEO Buys NAT shares HAMILTON, Bermuda, May 13 /PRNewswire-FirstCall/ -- Nordic American Tanker Shipping Ltd. (the "Company") today announced that the Chairman & CEO Mr. Herbjorn Hansson has bought 10,000 shares in NAT at a market price of $40.03 Mr. Hansson owns thereafter a total of 25,000 shares of the Company. Scandic American Shipping Ltd. ("Scandic"), the Manager of the Company, has a total of 332,890 restricted shares of NAT. Mr. Hansson is the majority owner of Scandic. Contacts: Scandic American Shipping Ltd. Manager for Nordic American Tanker Shipping Ltd. P.O Box 56 3201 Sandefjord, Norway Tel: + 47 33 42 73 00 E-mail: Web-site: http://www.nat.bm/ Rolf Amundsen Chief Financial Officer Nordic American Tanker Shipping Ltd. Tel: +1 800 601 9079 or + 47 908 26 906 Gary Wolfe Seward & Kissel LLP, New York, USA Tel: +1 212 574 1223 Herbjorn Hansson Chairman & CEO Nordic American Tanker Shipping Ltd. Tel: +1 866 805 9504 or + 47 901 46 291 DATASOURCE: Nordic American Tanker Shipping Ltd. CONTACT: Rolf Amundsen, Chief Financial Officer, +1-800-601-9079, or +47-908-26-906, or Herbjorn Hansson, Chairman & CEO, +1-866-805-9504, or +47-901-46-291, both of Nordic American Tanker Shipping Ltd.; or Gary Wolfe of Seward & Kissel LLP, New York, USA, +1-212-574-1223; or Scandic American Shipping Ltd., for Nordic American Tanker Shipping Ltd., +47-33-42-73-00, or Web site: http://www.nat.bm/

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