Financial Highlights:

* Revenue of US$ 124.9m, +37.7% increase (2006: US$ 90.7m)
* EBITDA of US$ 77.0m, +40.3% increase (2006: US$ 54.9m)
* EBIT of US$ 59.4m, +42.4% increase (2006: US$ 41.7m)
* Net income of US$ 58.3m, +29.0% increase (2006: US$ 45.2m)
* Earnings per Share basic of US$ 0.83 calculated on 69,885,106 shares
(2006: US$ 0.72 calculated on 62,533,312 shares)
* Final dividend of 15 pence per share (2006: 11.9 pence per share)
* Total dividend of 22 pence per share (2006: 17.5 pence)
* In total US$ 198.3m was invested in vessels, second hand, under
reconstruction and new build (2006: US$ 81.1m), supporting the profitability
of 2007 and enhancing the earning potential of the company for the longer
term

Operational Highlights:

* During 2007 we operated an average of 20 vessels earning a daily Time
Charter Equivalent (TCE) rate of $ 16,578, (2006: 18 vessels earning a daily
TCE rate of $ 13,243)
* The container vessels 'MSC Scotland' and 'Vasos' operated for the full
2007 and the container vessels 'MSC Finland', 'Anafi', 'MSC Accra', '
Bosporus Bridge', 'Gitte' and 'MOL Brilliant' contributed in part
* On December 31, 2007 our fleet included 24 operational vessels, 1 vessel
under reconstruction with delivery in 2008 and 8 new-build vessels with
expected delivery between 2008 and 2011, compared to 19 operational vessels
on December 31, 2006 and 1 vessel under reconstruction.
* The reconstruction of the fire damaged container vessel 'Fortune' is at
the final stage and is expected to contribute to the 2008 profitability