Asia Offshore Drilling Limited Project Progress Update
04 March 2011
Mermaid Maritime Public Company Limited ("Mermaid") is pleased to attach project progress updates on its associate company Asia Offshore Drilling Limited.
The first update was issued dated 13 December 2010, and contained information that was materally covered in other announcements by Mermaid on this investment at or about the same time. The second update is issued dated 04 March 2011. Subsequent updates will be posted on SGXNET until further notice.
Please be informed accordingly.
Vincent Siaw
Company Secretary
04 March 2011