Media Releases

The Board of Directors of SembCorp Marine (the “Company”) wishes to announce that its wholly-owned subsidiary, SCM Investment Holdings Pte Ltd has sold 39 million ordinary shares in Cosco Corporation (Singapore) Ltd (“Cosco”) for an aggregate net consideration of $272.2 million.

With reference to SembCorp Marine (SCM)’s announcement concerning the unauthorised foreign exchange transactions entered into by one of its employees, SembCorp Industries (SCI) wishes in turn to inform its shareholders that the financial impact on SCI arising from the losses incurred by Jurong Shipyard Pte Ltd, if any, would be limited to the extent of SCI’s shareholding in SCM.

SembCorp Marine (“SCM”) wishes to announce that one of its employees, Mr Wee Sing Guan (Director, Group Finance), entered into various unauthorised foreign exchange transactions (the “Unauthorised Transactions”) for the account of one of its wholly owned subsidiaries, Jurong Shipyard Pte Ltd (“JSPL”) and misled JSPL and SCM in relation to the Unauthorised Transactions. Mr Wee has been relieved of his duties at the SCM Group and has resigned his directorships in the subsidiaries of SCM, including JSPL.

Jurong Shipyard, a subsidiary of SembCorp Marine, and WTorre Empreendimentos Imobiliários SA (WTorre) have signed a Memorandum of Understanding to form a joint-venture company to own and operate a shipyard in Brazil.

LISTING AND QUOTATION OF THE BONUS ISSUE OF UP TO 595,332,011 NEW ORDINARY SHARES (THE ""BONUS SHARES') IN THE CAPITAL OF SEMBCORP MARINE LTD (THE ""COMPANY"") ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY FIVE (5) EXISTING ORDINARY SHARES

PPL Shipyard, a subsidiary of SembCorp Marine, has been awarded a contract by Egyptian Drilling Company (EDC) to build a Baker Marine Pacific Class 375 (BMC Pacific 375) Deep Drilling Offshore Jack-up Rig valued at US$201 million.

PPL Shipyard, a subsidiary of SembCorp Marine, has been awarded a contract by repeat customer, Offshore Group Corp to build a Baker Marine Pacific Class 375 (BMC Pacific 375) Deep Drilling Offshore Jack-up Rig valued at US$198 million (or approximately S$301 million).

The Board of Directors of SembCorp Marine Ltd (the ""Company"") refers to the announcements made on August 2, 2007 and August 13, 2007 in relation to the Company's proposed bonus issue (the ""Bonus Issue"") of up to 595,332,011 new ordinary shares (the ""Bonus Shares"") on the basis of two (2) Bonus Shares for every five (5) existing ordinary shares held by the shareholders of the Company.

Vietnam Prime Minister Nguyen Tan Dung and Singapore Prime Minister Lee Hsien Loong today witnessed signing ceremonies for the Vietnam Singapore Industrial Park’s (VSIP) VSIP-Bac Ninh industrial township project as well as an Memorandum of Understanding (MOU) for a new township project in Hai Phong.

SembCorp Industries (SembCorp) delivered strong earnings growth for the first six months of 2007 (1H2007).

Sembcorp Marine's 1H2007 Results Announcement

SembCorp Industries is pleased to announce that the half year 2007 financial results will be released on Tuesday, August 7, 2007 after trading hours.

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