Mermaid Maritime Public Company Limited ("Company") wishes to announce that its Annual General Meeting No. 01/2011 ("AGM 2011") was held today, 25 January 2011, and all proposed resolutions set out in the Notice to AGM 2011 dated 28 December 2010 were duly approved and passed by the Company's shareholders at the said meeting.

Please be informed accordingly.

Vincent Siaw
Company Secretary