Vroon Group to Acquire Nomis Shipping January 2008

Vroon Group is set to acquire Nomis Shipping (Aberdeen, UK). Vroon and Nomis are working towards finalizing the transaction, which is expected to close in early January 2008. Upon completion of the transaction Mr. Frank Deans, Chairman and founder, will retire from the Company. Mr. Rory Deans will remain as Managing Director.

Nomis will continue to operate from its present offices in Aberdeen and Singapore. The existing management team at Nomis will remain in place and there will be no change to any contractual relationships with customers, crews, employees or suppliers.

Nomis currently owns and operates a fleet of 20 Emergency Response and Rescue Vessels (ERRV), 12 Anchor Handling Tug Supply Vessels (AHTS), one medium-size Platform Supply Vessel (PSV) and one dynamically positioned Dive Support/ROV Vessel, in support of the offshore oil and gas industry. The company employs approximately 720 sea staff and 29 shore based staff.

Vroon presently operates about 60 offshore support vessels, under the Vroon Offshore Services (VOS) banner, primarily in the North Sea and Mediterranean.

In addition, another 20 newbuildings are on order for delivery in 2007 - 2011. VOS has offices in Aberdeen, Den Helder, Genoa and Stokesley (MPI Offshore).

As Nomis vessels are dry-docked they will be rebranded in Vroon's red and white colors and livery - a large white V on each side of the red hull. They will also be renamed, with the prefix VOS replacing the existing Dea.