A/S Dampskibsselskabet TORM
Interim CEO of TORM

A/S Dampskibsselskabet TORM / 

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ANNOUNCEMENT NO. 19 - 2008



							22 September 2008



Interim CEO of TORM 

Mikael Skov, Chief Operating Officer of TORM, is from today also appointed
interim Chief Executive Officer. He will assume both posts until Jacob
Meldgaard can join as new Chief Executive Officer. 

Until Jacob Meldgaard joins TORM, the management will consist of CEO, Mikael
Skov, and CFO, Roland M. Andersen. 

Klaus Kjærulff, who has been CEO of the Company during the last 8 years, will
continue to be available for TORM in resolving specific tasks and projects. 

Contact: N. E. Nielsen, Chairman of the Board of Directors: +45 2526 3343
         Mikael Skov, CEO: +45 3917 9200

About TORM	
TORM is one of the world's leading carriers of refined oil products as well as
being a significant participant in the dry bulk market. The Company operates a
combined fleet of more than 130 modern vessels, principally through a pooling
cooperation with other respected shipping companies who share TORM's commitment
to safety, environmental responsibility and customer service. 

TORM was founded in 1889. The Company conducts business worldwide and is
headquartered in Copenhagen, Denmark. TORM's shares are listed on the
Copenhagen Stock Exchange (ticker TORM) as well as on the NASDAQ (ticker TRMD).
For further information, please visit www.torm.com. 

Safe Harbor Forward Looking Statements	

Matters discussed in this release may constitute forward-looking statements.
Forward-looking statements reflect our current  views with respect to future
events and financial performance and may include statements concerning plans,
objectives, goals, strategies, future events or performance, and underlying
assumptions and other statements, which are other than statements of historical
facts. The forward-looking statements in this release are based upon various
assumptions, many of which are based, in turn, upon further assumptions,
including without limitation, Management's examination of historical operating
trends, data contained in our records and other data available from third
parties. Although TORM believes that these assumptions were reasonable  when
made, because these assumptions are inherently  subject to significant
uncertainties and contingencies which are difficult or impossible to predict
and are beyond our control,  TORM cannot assure you that it will achieve or
accomplish  these expectations, beliefs or projections. 

Important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward looking statements include the
strength of world economies and currencies, changes in charter hire rates and
vessel values, changes in demand for tonne miles of oil carried by oil
tankers, the effect of changes in OPEC's petroleum production levels and
worldwide oil consumption and storage, changes in demand that may affect
attitudes of time charterers to scheduled and unscheduled dry-docking, changes
in TORM's operating expenses, including bunker prices, dry-docking and
insurance costs, changes in governmental rules and regulations including
requirements for double hull tankers or actions taken by regulatory
authorities, potential liability from pending or future litigation, domestic
and international political conditions, potential disruption of shipping routes
due to accidents and political events or acts by terrorists. Risks and
uncertainties are further described in reports filed by TORM with the US
Securities and Exchange Commission, including the TORM Annual Report on Form
20-F and its reports on Form 6-K. 

Forward looking statements are based on management's current evaluation, and
TORM is only under obligation to update and change the listed expectations to
the extent required by law.

News Source: NASDAQ OMX

22.09.2008  Financial News transmitted by DGAP
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Language:     English
Issuer:       A/S Dampskibsselskabet TORM
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010281468
WKN:          
 
End of News                                     DGAP News-Service
 
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