Ocean Wilsons Regulatory News (OCN)

Ocean Wilsons Holdings Limited

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

Wilson Sons Limited ("Wilson Sons") announces that, through Wilson Sons Ultratug Offshore ("WSUT"), in which Wilson Sons has a 50% of interest, WSUT was awarded contracts with Petrobras for the operation of two Platform Supply Vessels (PSV´s). The contracts are for six years, with the option to renew for a further six years.

The vessels will be 4,500 tons deadweight and will be built at the Wilson Sons shipyard in Guarujá, São Paulo, and have a limit time for delivery in 2017. In addition to these vessels, Wilson Sons, in partnership with Remolcadores Ultratug, has a further three PSV´s ordered from an international shipyard.

WSUT currently operates nineteen offshore support vessels, all under contract to Petrobras.

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