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Rolls-Royce Wins $39.2m Shiplift Contract

Maritime Activity Reports, Inc.

December 19, 2006

Rolls-Royce will provide the Government of South Australia with a $39.2m shiplift, designed to be a key element of a major new shipbuilding and ship repair development at Techport Australia. The Syncrolift will have capacity for ships of up to 9,300 tons, including the Royal Australian Navy’s new generation of Air Warfare Destroyers which will be built by ASC at Techport Australia in Adelaide.

Rolls-Royce will team with a variety of South Australian businesses to build the 156- metre-long Syncrolift for Techport Australia, under development by the Government of South Australia. It will go into service in 2009 and will include a ship transfer system from Norwegian company TTS which will move vessels between the Syncrolift and maintenance/build berths on shore. Techport Australia will be designed to permit a future increase of the Syncroliftto 210 metres, with capacity for Panamax-size ships.

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