Mats, Thank you for your participation and efforts during the Punj Lloyd project. It was a very intense and demanding workload over the 5 months the project was under your control as Project Manager but the end result was a credit to you and the whole PMT team. Before you finally leave could you sign the Project Close Out Report and send to me so we can finalise and issue. I had meant to do this on Friday but we ran out of time, so if you can give to Eddy he can bring down when he comes at end of the week. I will certainly provide a testimonial for the work you undertook during your tenure at NorCE and will send to the email address below. I hope we have the opportunity to work together on many future projects that NorCE will acquire over the next years, but in the meantime I wish you all success in finding another company that can use your experience and knowledge. Best regards...Phil

Phillip Stewart Operations Director NorCE Offshore

29 International Business Park #05-06 Acer Building Tower B, SINGAPORE 609923 Tel: +65 6319 0046 DID; Fax: +65 6416 8588; Mobile: +65 92346937