Mermaid Maritime Public Company Limited ("Company") wishes to announce that its Annual General Meeting No. 01/2010 ("AGM 2010") was held today, 28 January 2010, and all proposed resolutions set out in the Notice to AGM 2010 dated 06 January 2010 were duly approved and passed by the Company's shareholders at the said meeting.

Please be informed accordingly.

Vincent Siaw
Company Secretary