The Board of Directors of the Company (the “Board”) is pleased to announce that the Group
had during October 2007, subsequent to the announcement made on 8 October 2007,
secured shipbuilding contracts (the “Contracts”) in respect of ten (10) vessels with an
aggregate contract value of US$620 million.
The Contracts are expected to be completed before 2011 and will therefore not have a
significant impact on the earnings of the Group for the financial year ending 31 December
2007.
－
