OTTO MARINE LTD 
By (Company Registration Number 197902647M)
(Incorporated with limited liability in the Republic of Singapore on 5 September 1979)
PROFIT WARNING FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2011
The Board of Directors of Otto Marine Limited (the "Company")
wishes to issue a profit warning regarding the financial
results of the Company and its subsidiaries (the "Group") for
the third quarter ended 30 September 2011 ("Q3").
The Group is expected to report a loss for Q3 compared with a
profit for the corresponding period in
2010, largely due to, amongst others, the following:
i. the volatility in foreign exchange rates of Euro dollar
against the US dollar; and
ii. reduced revenue from our subsidiary, Reflect Geophysical
Pte. Ltd. ("Reflect") as a result of lower utilization of the
seismic vessels operated by Reflect mainly arising from
mobilization time.
This profit warning is based on a preliminary review of the
unaudited financial results of the Group. Further details of
the Group's performance will be disclosed when the Company
announces its unaudited financial results for Q3 in due
course.
BY ORDER OF THE BOARD See Kian Heng
Company Secretary
28 October 2011
