X0202 4 2004-05-03 0 0000075208 OVERSEAS SHIPHOLDING GROUP INC OSG 0001239736 SWIFT PETER J 511 FIFTH AVENUE NEW YORK NY 10017 0 1 0 0 SVP & Head of Shipping Ops Common Stock, par value $1.00 per share 2004-05-03 4 M 0 12500 14.625 A 12500 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 800 32.49 D 11700 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 200 32.5 D 11500 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 500 32.51 D 11000 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 100 32.52 D 10900 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 600 32.54 D 10300 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 5100 32.55 D 5200 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 600 32.56 D 4600 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 900 32.57 D 3700 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 200 32.58 D 3500 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 1100 32.59 D 2400 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 1400 32.6 D 1000 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 100 32.61 D 900 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 800 32.63 D 100 D Common Stock, par value $1.00 per share 2004-05-03 4 J 0 100 32.64 D 0 D Stock Option (right to buy) 14.625 2004-05-03 4 M 0 12500 0 D 2003-02-01 2010-02-01 Common Stock 12500 0 D Sold pursuant to a trading plan adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. /s/James I. Edelson, Attorney-in-Fact, pursuant to a power of attorney previously filed 2004-05-03