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Wilh. Wilhelmsen Reports Growth

Maritime Activity Reports, Inc.

September 7, 2007

The Wilh. Wilhelmsen ASA (WW) maritime industrial group achieved a growth of $15m in its net operating income, from $53m in the first quarter to $68m in the second quarter of 2007.

Trades from Asia to North America and Asia to Europe are under particular pressure.

WW's net operating profit for the second quarter came $68m, compared with $58m in the same period of 2006. Total operating income was $641m as against $664m. Profit before taxes came to $70m, compared with $51m.

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