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Jamestown Metal Marine to Construct Casino Vessel

Maritime Activity Reports, Inc.

February 9, 2005

Jamestown Metal Marine Sales, Inc. has been awarded a contract by Blue Chip Casino, LLC, a subsidiary of Boyd Gaming, to construct a new casino vessel at Blue Chip's Michigan City, Indiana facility. The new vessel, which will replace the present vessel, will be approximately 400 ft. in length with a beam of 200 feet and provide about 75,000 square feet of gaming area on a single deck. In addition to the gaming area there will be another 85,000 square feet of back of house and future gaming areas on other decks. Jamestown was selected by Blue Chip Casino for this high visibility project based on Jamestown's significant experience outfitting casino vessels and managing other turnkey marine construction projects. This will be Jamestown's 26th casino project. Jamestown, will manage the execution of the vessel's construction, including hull fabrication and erection, machinery and mechanical installation, electrical installation, interior finishes, and the gaming facilities. All work will be accomplished in a construction basin at the existing site where the present vessel was originally constructed. The first hull steel sections were laid down on October 11, 2004. When completed, the new casino vessel will meet the applicable requirements of the Gaming Commission of the State of Indiana, as well as the United States Coast Guard. The design and production engineering for the vessel will be developed by Guido Perla and Associates and the interior design will be produced by the interior design firm of Andrea Piacentini Design, both of Seattle, Washington. Jamestown's considerable experience working with both design companies on other projects will greatly benefit this program. Jamestown has mobilized its project staff to Michigan City and established a project office to provide full time interface with Blue Chip's program staff throughout the construction effort. The new casino vessel is scheduled for completion in the 4th quarter of 2005. Jamestown Metal Marine Sales, Inc. has been providing services to the marine industry for over 40 years and has provided materials and installed interior outfitting in the marine market on thousands of vessels. With corporate offices in Boca Raton, Fla., Jamestown provides complete packages from design to installation on casino vessels, luxury cruise ships, and passenger ferries, offering turn-key packages including joiner bulkheads and ceilings, furnishings, modular toilet spaces, HVAC, piping and electrical installations. In addition Jamestown has provided and installed joiner materials on Naval and Coast Guard vessels including aircraft carriers, combat ships, auxiliary ship, submarines, and patrol craft of all types. Major warehouses on the east coast and gulf coast offer Jamestown's customers fast service to support production schedules.

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