Press release - 11 April 2007 09:47

Fred. Olsen Announces Lengthening of Balmoral

Work on constructing this new section will begin immediately by Blohm + Voss and will be ready to be slotted into the vessel during the refit programme scheduled to take place between November 2007 and January 2008 at Blohm + Voss in Hamburg. Details of the interior design are being finalised between FOCL and Space The Design Practice (of London).

Following redelivery from the bareboat charter with Norwegian Cruise Lines the vessel will be renamed Balmoral. It will then undergo a period of refit and refurbishment before beginning its regular cruise operations from the UK in January 2008.

Balmoral will remain on schedule for planned inaugural activities in Dover from 23rd January 2008. Initial itineraries will include a two week cruise to the Canary Islands followed by a transatlantic crossing for a short season of Caribbean cruises from Miami.

FOCL is a company indirectly wholly owned by Bonheur ASA and Ganger Rolf ASA, listed on the Oslo Stock Exchange. This ship purchase together with the lengthening work and the further contemplated upgradings underlines the company’s commitment towards the UK cruise market which is currently enjoying consistent growth with a predicted figure of around 1.3 million Britons taking a cruise holiday in 2007.

Topics

Regions

England

Fred. Olsen Cruise Line operates in the UK with four intimately sized ships for a more personal cruising experience.

Fred. Olsen Cruise Lines

Contacts

Ellis Orchard

Press contact Public Relations Manager Public Relations ellis.orchard@fredolsen.co.uk 07557672265

Georgina May

Press contact Public Relations Executive Public Relations georgina.may@fredolsen.co.uk

Lauren Gardner

Press contact Public Relations Manager Public Relations lauren.gardner@fredolsen.co.uk 07546807099

Fred. Olsen Cruise Lines

At Fred. Olsen Cruise Lines we are very proud of our smaller ships – Bolette, Borealis and Balmoral - and the imaginative and unusual itineraries they allow us to offer. Every cruise is hand-crafted from scratch by our team of in-house Journey Planners to make sure you are not only visiting the best destinations, but at the best time to experience them.

For us, it’s not just about where we go but how we take you there. We put as much time into planning scenic cruising as we do in choosing the destinations themselves. On board, our Signature Experiences showcase the history, culture, nature and flavours of the destinations you’ll visit – from Treats of the Region, where you can enjoy local delicacies, to our Sky at Sea star-gazing sessions where you can relax with a hot toddy out on deck while our astronomer talks you through the night sky.

Plus, with each ship carrying 1,300 guests or less, our ships are small enough for us to offer a warm, friendly and personal service where nothing is ever too much trouble, as we visit a host of exciting ports in every corner of the globe.

Fred. Olsen Cruise Lines