Broström Q2 Presentation 2008 Lennart Simonsson, CEO Anders Dreijer, Deputy MD

Agenda Welcome! Q2 2008 in words Q2 2008 in figures Fleet development Market trends Summary and Outlook 2008

Welcome!

Q2 2008 in words

Q2 2008 in figures

Fleet development

Market trends

Summary and Outlook 2008

Q1 in words Volatile and weak freight market during most of the second quarter 2008 European traffic experienced a weak start to the second quarter, which ended with an improvement primarily for large tonnage. Atlantic traffic basically followed the same market pattern as European traffic. For large tonnage in Asian traffic, the freight market was relatively weak during essentially the entire second quarter. Small tonnage in Asian traffic had continued stable development.

Volatile and weak freight market during most of the second quarter 2008

European traffic experienced a weak start to the second quarter, which ended with an improvement primarily for large tonnage.

Atlantic traffic basically followed the same market pattern as European traffic.

For large tonnage in Asian traffic, the freight market was relatively weak during essentially the entire second quarter.

Small tonnage in Asian traffic had continued stable development.

Q1 in words Change in transport capacity during the second quarter The BRO ERIK (37,000 dwt) was delivered to Broström's partner in May 2008. The CPO FRANCE and the CPO SWEDEN (both 37,000 dwt) were delivered to Broström's partner Claus-Peter Offen. The vessels are now trading in Broström’s European sector. The EXCELLO (19,500 dwt) was delivered to Broström's partner Donsötank and is now operating in Broström’s European sector.

Change in transport capacity during the second quarter

The BRO ERIK (37,000 dwt) was delivered to Broström's partner in May 2008.

The CPO FRANCE and the CPO SWEDEN (both 37,000 dwt) were delivered to Broström's partner Claus-Peter Offen. The vessels are now trading in Broström’s European sector.

The EXCELLO (19,500 dwt) was delivered to Broström's partner Donsötank and is now operating in Broström’s European sector.

Income Statement

Broström – a global logistics company 66 vessels in European trade 23 vessels in Asia 9 vessels in the Atlantic 98 vessels + 7 vessels to be added within next 12 months

Fleet Growth

Fleet Growth

Broström’s Market Segments

Market Trends

Oil Price

US Gasoline Stocks

Spot Market Earnings

US market impact from high oil prices Miles driven in the US has declined with year-on-year negative growth in 2007/2008 A contraction in miles driven has historically not been seen even during recessions (1990/1991 and 2001/2002)

Miles driven in the US has declined with year-on-year negative growth in 2007/2008

A contraction in miles driven has historically not been seen even during recessions (1990/1991 and 2001/2002)

US market impact from high oil prices Less gasoline purchased as prices increase in the US market

Less gasoline purchased as prices increase in the US market

Developments in Global consumption of oil

World Tanker Fleet Development (<60 kdwt)

Surplus value of the Broström fleet Market valuation of Existing vessels Newbuilding contracts Average based on two external brokers As per 30 June 2008 the market value exceeded book value by approximately SEK 2.3 billion

Market valuation of

Existing vessels

Newbuilding contracts

Average based on two external brokers

As per 30 June 2008 the market value exceeded book value by approximately SEK 2.3 billion

Outlook 2008

Outlook 2008 The market improvement – primarily for large tonnage – that took place at the end of the second quarter continued into the third quarter of 2008. Broström's strategic position for 2008 and onward has been strengthened through acquisitions and investments made in recent years. The trend in transport for the years immediately ahead in Broström's market segment is currently difficult to judge. A large volume of new tonnage will be added to the market. The high price of oil has brought about a greater urgency to reduce dependency on oil and growth forecasts for oil consumption have been adjusted downward. Broström believes that major fluctuations will take place from period to period in both transport volume and freight rates.

The market improvement – primarily for large tonnage – that took place at the end of the second quarter continued into the third quarter of 2008.

Broström's strategic position for 2008 and onward has been strengthened through acquisitions and investments made in recent years.

The trend in transport for the years immediately ahead in Broström's market segment is currently difficult to judge.

A large volume of new tonnage will be added to the market.

The high price of oil has brought about a greater urgency to reduce dependency on oil and growth forecasts for oil consumption have been adjusted downward.

Broström believes that major fluctuations will take place from period to period in both transport volume and freight rates.