Mermaid Maritime Public Company Limited ("Mermaid") wishes to circulate the attached press release made by Thoresen Thai Agencies Public Company Limited ("TTA"). This relates to a proposal for a capital increase in TTA to support investment opportunities and future returns.

TTA is a strategic investment holding company listed on the Stock Exchange of Thailand. Its investment portfolio includes transport, energy, and infrastructure assets, both domestically and internationally. TTA is also Mermaid's majority shareholder.

Please be notified accordingly.

Vincent Siaw
Company Secretary
31 October 2012