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ABS Releases Technical Info. on Prestige

Maritime Activity Reports, Inc.

December 3, 2002

ABS has released an update regarding the Prestige Casualty. The update provides preliminary comments regarding initiating damage to the Prestige. The update includes cross section drawings in way of #2 and #3 aft wing tanks before and after flooding. ABS is currently developing a detailed technical assessment and report which should be released early February 2003. These preliminary comments are presented as background information only and are based substantially upon information made public by other sources.

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