This document summarizes Broström's Q2 2008 presentation. It discusses the volatile freight market in Q2 2008, with weakness in European, Atlantic, and Asian markets for large tonnage. It provides figures on Broström's fleet growth and development. It also outlines trends in the oil market like high prices and declining US gasoline consumption and miles driven. The outlook notes continued market improvement in Q3 2008 but uncertainty due to new tonnage and efforts to reduce oil dependence.

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

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

3. 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.

4. 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.

5. Income Statement

6. 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

7. Fleet Growth

8. Fleet Growth

9. Broström’s Market Segments

10. Market Trends

11. Oil Price

12. US Gasoline Stocks

13. Spot Market Earnings

14. 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)

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

16. Developments in Global consumption of oil

17. World Tanker Fleet Development (<60 kdwt)

18. 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

19. Outlook 2008

20. 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.