Contract for transfer of water from Greece assigned to Ocean

14/04/2008

Competition for the transfer of water from Greece to Cyprus with tankers and construction of infrastructure projects in Limassol

In order to inform the investing public, we wish to announce that the Water Development Department decided to assign the contract of the aforementioned competition for the transfer of water to our Company. The contract will be signed within the next few days. Further details will be announced after its signing.

Ocean Tankers Holdings Public Company Ltd