ITCL - Termination of Charter British Progress

Press release from Independent Tankers Corporation Limited 04.02.2013

Independent Tankers Corporation Limited ("ITCL") announces that BP Shipping Ltd. ("BP") has given twelve months irrevocable notice of termination of the bareboat charter for the VLCC British Progress.  The vessel will be redelivered from BP to ITCL in February 2014.

Independent Tankers Corporation Limited
Hamilton, Bermuda
February 4, 2013

Questions should be directed to: 
Magnus Vaaler, Frontline Management AS               
+47 23 11 40 00