Press release - 2 July 2007 09:59

Fred. Olsen Cruise Lines Lengthens Second Ship

The project involves adding a 31.2 metre extension in the mid-section of the ship, and extending the fore and aft sections on deck 8. This work will increase the amount of premium accommodation by providing more cabins and suites with balconies and will increase the capacity of the ship from 727 to 977 (an additional 250 passengers). Extra public space includes a bar designed on the concept of a British pub.

In addition to further balcony suites, the new deck 8 space will accommodate a new restaurant along with an Observatory Lounge similar to those found on other Fred. Olsen ships. There will also be plenty of extra deck space, and a second swimming pool which will also have an area for children to play safely.

Mike Rodwell, Managing Director for Fred. Olsen Cruise Lines, said: “This project to lengthenBraemar has been on the drawing board for several months, and I am delighted that we are now able to announce it will be going ahead. There will be no disruption to schedules as we had pencilled in this period in our 2008 itinerary planning in anticipation that this work would be carried out.” He continued: “Fred. Olsen intends to maintain its strong position in the UK cruise market and this additional capacity will allow us to grow our market in keeping with the increasing demand for cruise holidays.”

FOCL is a company indirectly wholly owned by Bonheur ASA and Ganger Rolf ASA listed on the Oslo Stock Exchange. This lengthening project on Braemar 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