James Fisher and Sons Regulatory News (FSJ)

4 May 2006 12:39

Fisher (James) & Sons PLC04 May 2006 James Fisher Chairman's AGM Statement James Fisher and Sons plc, the marine services provider, today held its AGM inBarrow in Furness at 12 noon. Tim Harris, Executive Chairman, made thefollowing statement to shareholders: Turning to 2006, trading to date has been to management expectations. Ouroffshore oil and specialist technical divisions continue to benefit from strongoil related markets. We took delivery of the 5,000 tonne Shannon Fisher formarine oil services early in the year and her sister, Solway Fisher, is onschedule for the summer. Our marine oil services division will benefit from theextra capacity. We have received a number of approaches for our last remainingcable ship, Oceanic Princess, which we are currently working on. We are firmlycommitted to her sale once we have achieved the price we are seeking. Followingthe strategy established in recent years, we are pursuing a number of differentacquisition prospects which are consistent with our existing business andskills. None are yet at a contractual stage. Overall your company is in good shape and my colleagues and I are committed toproviding increasing returns to our shareholders. ENDS For further information: James Fisher & Sons plc Tim Harris, Chairman 01229 615400 Peter Binns 07768 392582Paul McManus 07890 541893 This information is provided by RNS The company news service from the London Stock Exchange