Nordic American Tankers' Alexander Hansson And Son Bought 250,000 Shares At An Average Price Of $4.25/Share For A Total Sum Of $1,062,500

Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 250,000 shares in NAT at $4.25 per share for a total sum of $1,062,500.

Following these transactions, Monaco based Alexander Hansson privately owns 2,500,000 shares in NAT.

As in the past, the Hansson family is the largest private shareholder group in the company. 

For contacts, please see at the end of this communication.

Sincerely,

Herbjorn Hansson

Founder, Chairman & CEO

Nordic American Tankers Ltd.                                                           www.nat.bm