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Nordic American Tankers Limited (NYSE:NAT) Announces Public Offering

The Company has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement relating to this offering and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, copies may be obtained from Morgan Stanley at 180 Varick Street, Second Floor, New York, New York 10014, Attention: Prospectus Department. You may also request a copy of these documents by sending an e-mail to ir@nat.bm.

CONTACT: Scandic American Shipping Ltd.
         Manager for:
         Nordic American Tankers Limited
         P.O Box 56, 3201 Sandefjord, Norway
         Tel: + 47 33 42 73 00 E-mail: nat@scandicamerican.com
         
         Jacob Ellefsen,
         Manager, Investor Relations and Research, Monaco
         Nordic American Tankers Limited
         Tel: + 377 93 25 89 07 or + 33 678 631 959
         
         Rolf Amundsen, Advisor, Norway
         Nordic American Tankers Limited
         Tel: +1 800 601 9079 or + 47 908 26 906
         
         Turid M. Sorensen, EVP & CFO, Norway
         Nordic American Tankers Limited
         Tel: +47 33 42 73 00 or +47 90 57 29 27
         
         Gary J. Wolfe
         Seward & Kissel LLP, New York, USA
         Tel: +1 212 574 1223

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