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HATLAPA Expands its Board of Directors

Maritime Activity Reports, Inc.

February 18, 2009

In addition to the Managing Partners, Dr. Alexander Nuernberg and Joerg Tollmien, Thomas Ketelhohn has been appointed as Financial Director and Dipl.-Ing. Kay Nolte as Technical Director. The Board of Directors will be completed by Natascha Pump as Group Controller.

Mr. Ketelhohn was previously responsible for bookkeeping, human resources and administration. He started his career in the company as a commercial apprentice in 1980 and holds a bachelor in business administration since 2002.

Mr. Nolte joined HATLAPA in 2005 as head of production. After his apprenticeship as an aircraft engineer he achieved a bachelor of engineering degree in Hamburg University and started his career as a production engineer in Koerber Group, Hamburg.

Ms. Pump started in HATLAPA as a commercial apprentice in 1988 and since 1994 has been the head of controlling.

HATLAPA increased its turnover by $63m in 2008 to $182.6m. In Uetersen, Germany 490 people are employed. Another 120 join eight branches in all relevant shipbuilding countries.

The company will grow further in 2009 and the expanded Board of Directors goes in line with the sustainable development.

(www.hatlapa.de)

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