I.M. Skaugen SE

If you have any questions, please contact:

Bente Flø, Chief Financial Officer, on telephone +47 23 12 03 30/+47 91 64 56 08 or by e-mail: bente.flo@skaugen.com. The press release is also available on our website: www.skaugen.com.

I.M. Skaugen SE (IMS) is a marine transport service company, with a focus on Innovative Maritime Solu-tions. Our core business is the seaborne transport and logistics of liquefied gas, such as petrochemical gases, LPG and LNG.

IMS currently operates 39 vessels worldwide, which are engaged in the transportation of petrochemical gases, chemicals, LPG and LNG, the marine transfer of crude oil and LNG, as well as LNG terminal man-agement. We also have in-house capability for the development and design of specialized high quality vessels within our niche.

IMS employs approximately 2.000 people, with 20 nationalities represented. We manage and operate our activities from our offices in Singapore, Shanghai, Bahrain, Houston, St. Petersburg, Sunderland and Oslo.
IMS is listed on the Oslo Stock Exchange under the ticker code, IMSK.
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This press release was issued by I.M. Skaugen ASA and was initially posted at http://cws.huginonline.com/I/179/PR/201203/1596045_5.html . It was distributed, unedited and unaltered, by noodls on 2012-03-21 09:20:25 AM. The issuer is solely responsible for the accuracy of the information contained therein.