06 Oct 2006

Appointment of Mr Ho Nee Sin as Managing Director of SMOE Pte Ltd

SembCorp Marine wishes to announce the appointment of Mr Ho Nee Sin as Managing Director of its newly acquired subsidiary, SMOE Pte Ltd with effect from October 5, 2006.

“The appointment of Mr Ho underscores SembCorp Marine’s commitment to further grow its offshore production and engineering business following the recent acquisition of SMOE. We are certain that the Group will benefit from his vast experience in the marine and offshore oil and gas industry” said Mr Tan Kwi Kin, Group President and CEO of SembCorp Marine.

Reporting directly to the Group President and CEO of SembCorp Marine, Mr Ho has extensive experience in the marine, petrochemical and offshore oil and gas industry where he held various senior positions during his 37-year career. He will oversee the business operations and strategic development of SMOE Pte Ltd, a recognized leader in the engineering and construction of offshore production platforms and floating production facilities for the global oil and gas industry.

Mr Ho started his career in Jurong Shipyard Ltd in 1969. He was transferred to Jurong Engineering Pte Ltd when the company was first established in 1971 and was promoted to the position of General Manager. He has held senior positions in several companies, including Pacific Dunlop Company Ltd in Australia in 1989, Sembawang Projects Engineering Company Pte Ltd (Sempec) in 1991, Oriental Petrochemical Corporation of Hong Kong in 2003.

Prior to his appointment in SMOE Ltd, Mr Ho was the CEO of SembCorp Utilities (SCU) China from 2004 where he was instrumental in setting up SCU Shanghai and a capable team to support the China operations.

Mr Ho holds a Master of Science degree from Imperial College, University of London.

For media & analysts enquiries, please contact:

Judy Han (Ms)
Senior Vice President
Investor Relations & Communications
Tel No : (65) 6262 7203
Fax No : (65) 6261 0738
Email : judy@sembcorpmarine.com.sg