SOURCE: Scorpio Tankers Inc.

Scorpio Tankers Inc.

December 01, 2011 12:17 ET

Scorpio Tankers Inc. Corrects Prior Press Release to Clarify That the Underwriters Have Not Exercised Their Over-Allotment Option

MONACO--(Marketwire - Dec 1, 2011) - Scorpio Tankers Inc. (NYSE: STNG) (the "Company") previously announced the pricing of its public offering of 7,000,000 shares of its common stock, par value $0.01 per share, at $5.50 per share. The previous announcement incorrectly reported the exercise of the Underwriters' option to purchase 1,050,000 common shares to cover over-allotments within 30 days. At this time, the Underwriters have not exercised their option.

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