The revenues in the 4th quarter were the highest in the Company's history and increased with 18% from the 3rd quarter to NOK 181,3 mill. In addition comes a NOK 26 mill. gain from sale of ship building contracts. EBITDA for the 4th quarter was 113,5 mill. and net profit was NOK 127,4 mill. or NOK 0,98 / share. 2006 was the first full year of operation for Deep Sea Supply. Total revenues were NOK 472,7 mill., EBITDA 265,3 mill. and net result NOK 245,2 mill. or NOK 2,29 per share. The Board suggests a dividend payment for the financial year of 2006 of NOK 102,5 mill. or NOK 0,80 per share. This is equivalent to a dividend yield of approximately 4,3% (dividend per share / stock price of NOK 18.50) and furthermore in line with the Company's strategy earlier communicated which is to distribute excess cash to its shareholders and raise equity when required in relation to future acquisitions. In 2006, Deep Sea Supply's Board of Directors decided to change the Company's domicile to Cyprus, a process which is now completed. In 2007, the fleet of Deep Sea Supply is expected to more than double (from 7 to 16 vessels) as a consequence of the current newbuilding program. This growth in fleet plus an expected strong offshore supply market should provide even stronger financial performance from Deep Sea Supply in 2007. 26 February 2007 Deep Sea Supply PLC