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SALE OF MINERAL LONDON

07-15-2009 01:23 PM CET | Logistics & Transport

Press release from: CMB NV

CMB confirms that Bocimar International has sold the Capesize vessel Mineral London (2006-173,949 dwt). The net sale price amounts to USD 60.2 million. At the time of delivery of the vessel, scheduled to take place in the course of the fourth quarter 2009, a capital gain of approximately USD 5.7 million will be realised.

CMB, Compagnie Maritime Belge, is a maritime group with its registered offices in Antwerp. The company was founded in 1895. Its shares are quoted on Euronext. The CMB share is included in the Next 150 index and is also part of the NextPrime index. The CMB Group's main activities are all directly or indirectly related to the shipping industry, i.e. transport of dry cargo and related financial activities.

IMPRESS COMMUNICATIONS LTD
DMR House
8-10 Cleave Avenue,
Farnborough, Orpington
Kent BR6 7DR
UNITED KINGDOM

Tel: +44 (0) 1689 860660
e-mail: impcomms@yahoo.co.uk

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