Moschou Elected to Odfjell Board

November 6, 2003

At an Extraordinary General Meeting held Nov. 6, Mrs. Marianna Moschou, 54, was elected to Odfjell's board of directors. Odfjell's board consists of B. D. Odfjell jr. (Chairman), Terje Storeng, Peter G. Livanos, Reidar Lien and Marianna Moschou. The company intends to elect another director at the Annual General Meeting to be held in the spring 2004. Until late 2001 Mrs. Moschou served as the Deputy Head of Citibank's Global Shipping Division with responsibility for Citibank's shipping business in Greece, Southern Europe and Middle East. She joined Citibank in 1967.

Moschou Elected to Odfjell Board

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