Dockwise Listing Prospectus Approved

Dockwise Ltd., one of the world's leading integrated heavy lift sea transport companies, announces that Oslo Børs has approved its listing prospectus. It is expected that all 211,363,138 ordinary shares of the Company currently outstanding will be listed on Oslo Børs on 2 October 2007. Dockwise will list under the ticker symbol "DOCK", ISIN number BMG2786A 1062. The listing of Dockwise Ltd. on the Norwegian Over-The-Counter market will terminate from that date onwards. Dockwise is considering a private placement and potential issuance of new shares to be undertaken at an appropriate time depending on market conditions. Any decision on such private placement will be announced over the Oslo Børs notification system.