As of today 15th, November 2005, Mr. William Bland will leave his position as Managing Director of Skipskonsulent AS.

William Bland has served with Skipskonsulent AS for more than 31 years in various roles, the last 19 years as Managing Director.

Skipskonsulent AS would like to take this opportunity to thank William for all his efforts over the years.

The Board of Skipskonsulent AS is pleased to announce the appointment of Mr. Arne Magne Vik as the new Managing Director. Arne Magne has held various positions in the shipping industry and within Skipskonsulent AS.

Skipskonsulent AS looks forward to continued good cooperation with all customers.

Bergen 15.11.05

Karl Sandvik
Chairman