Beng Kuang Marine Limited (“BKM”) and its subsidiaries (the “Group”), an established provider for corrosion prevention (CP), infrastructure engineering (IE), and supply and distribution (SD) services to the marine and offshore oil and gas industries, announced the Group has secured a total of USD9.5 million in work orders from the subsidiaries of Labroy Marine Limited (the “Contracts”).

The Contracts relate to the provision of corrosion prevention services, specifically in blasting and painting services on jack-up rigs (totalling US$7.65 million) and the provision of infrastructure engineering services specifically in the electrical installation and testing services on jack-up rigs (totalling US$1.85 million).

Work for its Contracts, being the largest set of orders to date from a single customer, will commence in the middle of 2007 and be completed by 2009. These transactions have enhanced BKM’s order book and are expected to have a positive impact on the Group’s 2007 earnings.