American Shipping Company ASA : Minutes of Extraordinary General Meeting

American Shipping Company ASA has today on March 7, 2012 held an Extraordinary
General Meeting. All proposals to the EGM were approved.

The Board of Directors now consists of:

Annette Malm Justad (Board chairman)

Lars Solbakken

Peter D. Knudsen

The minutes of the meeting are attached in Norwegian and English.



This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


[HUG#1591965]