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OSG Announces 3Q Earnings Conference Call

Maritime Activity Reports, Inc.

October 21, 2003

Overseas Shipholding Group, Inc. plans to release earnings for the third quarter 2003 before trading begins on Tuesday, October 28, 2003. The Company also plans to host a conference call at 11:00 AM Daylight Savings Time the same day, to discuss results for the quarter.

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