Acquisition of Bergesen d.y. ASA (NO) by World Nordic ApS (DK) — NOK 10.3 billion

Carnegie acted as adviser to World Nordic in the mandatory offer for all outstanding shares in Bergesen, Norway’s largest shipping group. World Nordic is controlled by the Hong Kong based Sohmen family, controlling one of the world’s largest privately held shipping fleets under the name World-Wide Shipping. August, 2003.