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Press Releases from CMB NV (8 total)

GOOD 2009 RESULT FOR CMB

CMB’s executive committee has discussed the preliminary results for the full year 2009. The consolidated result for 2009 is estimated to be EUR 119 million, compared to EUR 212 million in 2008. Bocimar’s contribution to the 2009 consolidated result amounts to EUR 121 million (2008: EUR 245 million). Bocimar’s result for the fourth quarter takes into account a total capital gain of EUR 23 million realised on the sale of the vessels

GOOD FIRSTHALF OF THE YEAR FOR CMB

CMB’s executive committee has discussed the preliminary results recorded for the second quarter and those for the first half of 2009. The consolidated profit after taxation for the first half of 2009 amounts to EUR 64 million(2008: EUR 137 million). FOR FULL PRESS RELEASE PLEASE GO TO CMB CORPORATE WEBSITE : www.cmb.be CMB, Compagnie Maritime Belge, is a maritime group with its registered offices in Antwerp. The company was founded in 1895.

SALE OF MINERAL LONDON

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

SALE OF MINERAL VIKING

CMB confirms that Bocimar International has sold the Capesize vessel Mineral Viking (2001-172,964 dwt). The net sale price amounts to USD 42 million. At the time of delivery of the vessel, scheduled to take place at the end of April 2009, a capital gain of approximately USD 15.6 million will be realised. CMB, Compagnie Maritime Belge, is a maritime group with its registered offices in Antwerp. The company was founded in

BOCIMAR AND FMG RESTRUCTURE SHIPPING ARRANGEMENTS

Bocimar International and Fortescue Metals Group (FMG) have agreed to establish a shipping Joint Venture which includes the time chartering of three Bocimar Capesize vessels of which two will deliver promptly. The third vessel will be delivered as from the middle of 2010. The time charters which were concluded at market rates include a profit sharing arrangement and are all for a period of 10 years. In consideration Bocimar will receive

STRONG 2008 RESULT FOR CMB

CMB’s executive committee has discussed the preliminary results for the full year 2008. Bocimar’s result for the fourth quarter takes into account, inter alia, a capital gain of EUR 2 million realised on the sale of Nantong NK-002 (2008 – 29,100 dwt). This brings the total amount of capital gains realised in the course of 2008 to EUR 167 million. Furthermore Bocimar’s result for the fourth quarter is negatively influenced by a

CAPITAL GAIN AND FLEET EXPANSION

CMB confirms that its subsidiary Bocimar International has sold its Handymax vessel CMB Talent (2001 – 52,403 dwt). The vessel is sold time charter attached, expiring at the end of 2008. The net sale price amounts to USD 53 million. At the time of delivery of the vessel, scheduled to take place at the end of November 2007, a capital gain of approximately USD 36 million will be realised. Further, Bocimar has

Consolidated accounts as per 30 June 2007

During its meeting of 30 August 2007, the Board of Directors of CMB approved the consolidated accounts as per 30 June 2007. This press release also refers to the one distributed on 26 July 2007. All figures in this press release have been prepared in accordance with IAS 34 Interim Financial Reporting as adopted by the European Union. * * * The prospects for the remainder of the year remain favourable. Bocimar has