Mermaid's Singapore Shareholders' Forum 2012 webcast now available for public viewing

Mermaid Maritime Public Company Limited (“Mermaid”) is pleased to announce that it had successfully organized its 4th Singapore Shareholders' Forum 2012 (“Forum”) at Suntec City in Singapore on Saturday, 25 February 2012, and that a webcast of the Forum is now available for public viewing through its corporate homepage on the internet. The webcast comprises a presentation of Mermaid's overall business model, financial performance and outlook. To view this webcast, please click here.

This Forum is an annual event organized by Mermaid to provide an opportunity for Mermaid's shareholders, particularly those based in Singapore, to meet and get to know more about Mermaid, to meet some of Mermaid's directors and key executives, and to discuss matters concerning Mermaid with them on an informal basis. A brief presentation on Mermaid's business was delivered at the Forum followed by a question & answer session during which shareholders and analysts alike had the opportunity to ask the management questions related to the company's strategy, core competencies and business environment.

This was also the first time that shareholders were introduced to the new Chief Executive Officer of Mermaid, Mr. Bruce M. Gemmell who joined the company on 16 January 2012. Shareholders also had the opportunity to interact with other members of our Board of Directors who were present including Mr. Ng Chee Keong and Mr. Rob Bier, as well as other members of the management team.