Marine Log

March 13, 2006

Management changes at Sembcorp Marine

Singapore's SembCorp Marine has announced management changes that see Mr. Tan Kwi Kin, currently President and CEO, appointed the Group President and CEO of SembCorp Marine Ltd. Mr Wong Weng Sun, currently the Deputy President, is appointed the President and Chief Operating Officer of SembCorp Marine. He concurrently serves as Managing Director of Jurong Shipyard Pte Ltd.

Mr. Ong Poh Kwee is appointed Deputy President of SembCorp Marine and also remains as the Managing Director of Sembawang Shipyard Pte Ltd.

Mr. Wee Sing Guan, currently Chief Financial Officer of SembCorp Marine is appointed Director of Group Finance. Mr. Tan Cheng Tat, currently Deputy Chief Financial Officer is appointed Chief Financial Officer of SembCorp Marine.