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Radio Holland Group Buys Majority of S+L Marine

Maritime Activity Reports, Inc.

October 5, 2004

Radio Holland Group announced that it increased its share in the company S+L Marine, with branches in Hamburg and Rostock. This means Radio Holland Group is now major shareholder (80 percent) in the company. To make clear that the company is truly a part of the Radio Holland Group, it was decided to change the name into Radio Holland Germany. Henk Aardse, former manager of Radio Holland Delfzijl (Netherlands), has been appointed as General Manager and Michael Slachcinski as Deputy General Manager of Radio Holland Germany.

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