Reference is made to the offer document dated 5 July 2011 (the "Offer
Document”) from DHT regarding the voluntary exchange offer (the "Offer”)
for all of the issued and outstanding shares of Saga Tankers ASA ("Saga
Tankers”). Reference is further made to the offer document supplement
dated 14 July 2011 (the "Offer Document Supplement”) and previous
announcements issued in connection with the Offer.
The initial acceptance period in the Offer was from and including 6 July
2011 to and including 20 July 2011 at 09:00 (CET). In a stock exchange
notice of 21 July 2011 it was announced that the Offer Period was
extended to 28 July 2011 at 09:00 CET. DHT has decided to further extend
the Offer Period till 4 August 2011 at 09:00 CET pursuant to section 5.9
of the Offer Document.
The terms and conditions set out in the Offer Document and the Offer
Document Supplement remain in place during the extended offer period.
This information is subject to the disclosure requirements according to
section 5-12 of the Norwegian Securities Trading Act.
Securities may not be offered or sold in the United States absent
registration or an exemption from registration under the U.S. Securities
Act. It is expected that the Offer will be subject to a Tier I exemption
pursuant to Rule 14d-1(c) of the U.S. Securities Exchange Act of 1934,
as amended, and that the issuance of DHT shares in connection therewith
will be exempt from registration under the U.S. Securities Act of 1933,
as amended, pursuant to Rule 802 thereof. The Offer and the distribution
of this announcement and other information in connection with the Offer
may be restricted by law in certain jurisdictions. DHT assumes no
responsibility in the event there is a violation by any person of such
restrictions. Persons into whose possession this announcement or such
other information should come are required to inform themselves about
and to observe any such restrictions.
