June 5 & 6, 2002
Grand Casino Biloxi-Islandview Hotel
Biloxi, MS

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April 25, 2002

Sohmen takes stake in Bergesen
In a statement to Oslo Stock Exchange today Tauro Company Limited is informing the Stock Exchange that it is the the beneficial owners of 6.026.902 shares in Bergesen d.y. ASA, which have been registered in the name of HSBC Investment Bank PLC.

Tauro is a private investment vehicle for the Sohmen family of Hong Kong. The Sohmen family has interests in various shipping companies collectively known under the name World-Wide Shipping and is engaged in both wet and dry bulk shipping.

World Wide's chairman, Dr Helmut Sohmen, is the son-in-law of its late founder, the legendary Sir Yue Kong Pao.

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