Directed new share issue in Camillo Eitzen & Co ASA (NO) — NOK 228 million

Carnegie acted as sole manager and book-runner in the directed new share issue of 3.7 million shares at a subscription price of NOK 61.50 per share. Camillo Eitzen & Co ASA is a leading international shipping company with activities in bulk, gas, chemical, tank, ship management and maritime services. Camillo Eitzen & Co ASA is an Eitzen Group company.May, 2007.