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Nigel Gee and Associates Acquired by BMT

Maritime Activity Reports, Inc.

April 7, 2003

Nigel Gee and Associates Ltd., has been acquired by British Maritime Technology Ltd (BMT). With Nigel Gee’s mix of military, commercial and yacht design expertise, this acquisition will enhance the portfolio of services BMT offers to clients. Roger Swann, Chief Executive of BMT, said: ‘I believe this acquisition will strengthen our capability in both the high speed shipping and defence sector. Nigel Gee and Associates Ltd is an extremely innovative design company and I am confident it will make a significant contribution to BMT.’ Nigel Gee will remain as Managing Director and John Bonafoux as Technical Director. Roger Swann and Peter French, BMT Operations Director (Europe & The Far East), have joined the Board as a director and Chairman respectively.

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