| 1 | To receive and adopt the financial statements of the Company for the period ended December 31, 2008. | Non-Voting |
| 2 | To set the maximum number of Directors to be not more than eight. | For |
| 3 | To resolve that vacancies in the number of Directors be designated casual vacancies and that the Board of Directors be authorized to fill such casual vacancies as and when it deems fit. | For |
| 4 | To re-elect John Fredriksen | Oppose |
| 5 | To re-elect Tor Olav Trøim | Oppose |
| 6 | To re-elect Kate Blankenship | Oppose |
| 7 | To re-elect Kjell E. Jacobsen | Oppose |
| 8 | To re-elect Kathrine Fredriksen | Oppose |
| 9 | To appoint PricewaterhouseCoopers AS, as auditor and to authorize the Directors to determine their remuneration. | Oppose |
| 10 | To approve the remuneration of the company's board of directors of a total amount of fees not to exceed US$650,000 for the year ended December 31, 2009. | Oppose |
| 11 | To transact other such business as may properly come before the meeting or any adjournment thereof. | Oppose |
