The company’s dividend policy states that shareholders will be given a high return over time through a combination of rising value for the company’s shares and payment of dividend. Subject to the results achieved and future investment requirements, one objective is a steady rise in dividend over time.

The board has been mandated by the general meeting to buy back up to 10% of the company’s own shares. Together with subsidiary Wilhelmsen Lines Shipowning, parent company WW ASA owned 2 219 376 A shares and 914 300 B shares at 31 December 2007.

A renewal of this mandate for a further 12 months will be considered by the annual general meeting in May 2008.