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Sadler Rejoins Lloyd’s Register

Maritime Activity Reports, Inc.

April 25, 2006

Richard Sadler is rejoining the Lloyd’s Register Group as Director of Operations for Europe, the Middle East and Africa (EMEA) after two years with the Royal Bank of Scotland. Sadler will take up his appointment at the beginning of July and in addition to his responsibility for the EMEA region, he will become an executive member of the Board of Lloyd’s Register. David Moorhouse, Chairman of Lloyd’s Register, said the Board had identified several regulatory and market challenges facing the Group in the coming years and was fully committed to supporting Richard in dealing with those issues as they affect the EMEA region. David Rule, the current Director of Operations for EMEA, will retire from the Group at the end of June.

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