0001193805-12-001840 Sample Contracts

POST-EFFECTIVE AMENDMENT No. 3 TO DEPOSIT AGREEMENT
Deposit Agreement • November 23rd, 2012 • Deutsche Bank Trust Co Americas/ ADR Group • Water transportation • New York

POST-EFFECTIVE AMENDMENT No. 3 (the "Amendment") dated as of November , 2012 to the Deposit Agreement dated as of February 27, 2002 as amended by Post-Effective Amendments dated April 4, 2002 and March 30, 2004 (the "Deposit Agreement") by and among Torm A/S (the "Company"), Deutsche Bank Trust Company Americas, an indirect wholly owned subsidiary of Deutsche Bank AG, as depositary (the "Depositary") and all Holders and Beneficial Owners from time to time of American Depositary Receipts issued thereunder.

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