Nordic American Tanker Shipping Ltd. (NAT)-(NYSE:NAT) Announces Rescheduled Shareholders' Meeting


Hamilton, Bermuda, June 22, 2007. 
 
Nordic American Tanker Shipping Limited (NYSE:NAT) today announced that it has changed the timing for its annual meeting for shareholders, formerly scheduled for June 20, 2007, to July 31, 2007, at 10:00 AM, New York City Time at the offices of Seward & Kissel LLP, One Battery Park Plaza, New York, New York.
 
The timing of the meeting was changed due to technical problems with the distribution of the Company's proxy materials for the previously scheduled annual meeting. These problems were out of the Company's control.  Updated proxy materials will be distributed to shareholders for the rescheduled meeting.
 
Nordic American Tanker Shipping Limited owns 12 Suezmax oil tankers.  The Company's common shares trade on the New York Stock Exchange under the ticker symbol "NAT".
 
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Contacts:
Scandic American Shipping Ltd 
Manager for:
Nordic American Tanker Shipping Ltd.
P.O Box 56, 3201 Sandefjord, Norway
Tel: + 47 33 42 73 00 E-mail:  nat@scandicamerican.com
Web-site:  www.nat.bm
 
Rolf Amundsen, Investor Relations
Nordic American Tanker Shipping Ltd.
Tel: +1 800 601 9079 or + 47 908 26 906
 
Herbjørn Hansson, Chairman & CEO
Nordic American Tanker Shipping Ltd.
Tel:  +1 866 805 9504 or + 47 901 46 291
 
Gary Wolfe
Seward & Kissel LLP, New York, USA
Tel: +1 212 574 1223