ITCL - 2014 Annual General Meeting

Independent Tankers Corporation Limited (the "Company") advises that the 2014 Annual General Meeting of the Company was held on September 19, 2014 at 11:35 a.m. at the Elbow Beach Hotel, 60 South Shore Road, Paget PG04, Bermuda.  The audited consolidated financial statements for the Company for the year ended December 31, 2013 were presented to the Meeting.

In addition, the following resolutions were passed:

1)         To re-elect Kate Blankenship as a Director of the Company;

2)         To re-elect Inger M, Klemp as a Director of the Company.

3)         To elect Harald Thorstein as a Director of the Company to fill a casual vacancy on the Board.

4)         To re-appoint PricewaterhouseCoopers AS of Oslo, Norway as auditors and to authorise the Directors to determine their remuneration.

5)         That the remuneration payable to the Company's Board of Directors of a total amount of fees not to exceed US$50,000 be approved for the year ended December 31, 2014.

Hamilton, Bermuda
September 19, 2014