Ocean Wilsons Regulatory News (OCN)

Ocean Wilsons Holdings Limited

Platform Supply Vessel

Our principal operating subsidiary, Wilson Sons Limited made the following announcement to the Brazilian and Luxembourg Stock Exchanges.

Wilson Sons Limited ("Wilson Sons" or "the Company"), a public held company traded at BM&FBovespa under the ticker WSON33, announces to all its shareholders that Wilson Sons Ultratug Offshore ("WSUT"), a subsidiary in which Wilson Sons has a 50% interest, has completed the original contract with Petrobras for the Platform Supply Vessel Fragata, which was effective for 8 years plus two additional extensions of 90 and 60 days respectively. The vessel was in these operations from April 2007 until 7 October 2015. The vessel is second placed behind another WSUT vessel for contracts in its´ category in the April 2015 public bid process conducted by Petrobras that is now awaiting conclusion. The Platform Supply Vessel ("PSV") is 3,000 deadweight tons.

Enquiries

Company Contact

Keith Middleton 1 441 295 1309

Media

David Haggie 020 7562 4444

Haggie Partners LLP

Cantor Fitzgerald Europe 020 7894 7000

Rick Thompson - Corporate Finance

David Banks - Corporate Broking