Deep Sea Supply (OSL:DESSC) LOI Entered For AHTS Vessel

Deep Sea Supply (OSL:DESSC) We are pleased to announce that we have received a Letter of Intent for a time charter of a period of 150 days plus options for the AHTS vessel "Sea Bear" or a sister vessel. The charterer is ENI Oil de Brasil Ltda and area of operation is Brazil. The contract value (net of Brazilian taxes) including compensation to shipowner for mobilization/demobilization of the vessel is approximately USD 10 mill. for the firm charter period. 14.01.2009 Deep Sea Supply Plc

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Deep Sea Supply

http://www.deepseasupply.no

ISIN: CY0100120910

Stock Identifier: XOSL.DESSC