Trico Marine Services, Inc. has entered into an agreement to build a Marin Teknikk Design MT6009 MKII Platform Supply Vessel for a total cost of approximately $25 million. This vessel will incorporate Dynamic Positioning 2 (DP-2 certification) and Clean and Comfort Class and will have large carrying capacity anticipated to be 3,300 deadweight tons. The agreement guarantees the construction cost of the vessel as well as technical specifications and contains escalating penalties for late delivery. As part of the agreement, Trico will have the option to purchase a sister vessel at a later date. Solstrand AS will build the vessel at its shipyard in Tomrefjord, Norway, with an expected delivery date in the fourth quarter of 2007.