MAIN AREAS OF EXPERTIES: GEOGRAPHICAL LOCATIONS. Newbuildings outfitting, refurbishment

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2 MAIN AREAS OF EXPERTIES: GEOGRAPHICAL LOCATIONS Newbuildings outfitting, refurbishment Severodvinsk Accommodation areas interior outfitting Piping systems installation Hi-Fog fire extinguishing system installation HVAC, insulation, electrical networks Rauma Stockholm Turku TALLINN Voyage ship repair Diesel engines overhaul Rotterdam Saint Nazaire Genoa Monfalcone Saint-Petersburg

3 HISTORY HUMAN RESOURCES Ship repair workshops for the ships visiting ports of Estonia Technical maitenance of over 250 vessels annually Voyage ship repair Docking repair > 200 employees LTH-Baas staff > 190 persons: Project managers and supervisors 20 persons General management and office personal 10 persons Pipe fitters 50 persons Certified welders 30 persons Service engineers and mechanics 30 persons Electricians 20 persons Interior workers 30 persons XXI CENTURY: Shipbuilding: turn-key technical and interior outfitting (Finland, France, Italy) 24 h voyage ship repair worldwide

4 STRATEGY LTH-Baas provides first-class outfitting services to the ship building industry worldwide, aiming to become within next three years the preferred choice for turn-key outfitting solutions and refurbishments; diesel engines repair and maintenance provider to shipping companies world-wide; and to be recognized as a top-ranking Hi-Fog sprinkler system installation company. By virtue of its policy of using primarily only its own staff and minimizing the number of subcontractors, LTH-Baas is able to achieve the optimum quality and price. In addition to our core competences: interior, piping and diesel engines repair, we also retain at the same time all other competences in-house in order to be able provide our clients with turn-key solutions independently, utilising our subcontractors only when and where we consider it to be in our clients best interests (to cover the peaks). Division of revenue by countries, 2009 Greece, 5% Norway, 5% Sweden, 5% Estonia, 10% Holland, 10% Other, 10% Italy, 15% Finland, 25% France, 15% Net sales dynamic 1, , ,5 10 mln/

5 LOYAL CLIENTS: STX Europe, Finland STX Europe, France Marioff Corporation, Finland, France, Italy Fincantieri, Italy Finnlines, Finland Bergen Group Fosen, Norway Elmira Shipping, Greece and many others Hi-Fog sprinkler system installations MSC Fantasia, MSC Splendida at STX Europe, France Turn-key installation for Marioff Corporation - Over 30 installations of Hi-Fog fire extinguishing system in France, Italy, Finland, Tunisia, Belgium, Russia, Egypt and Poland m/s Norwegian Epic, NCL STX Europe, Saint Nazaire, France area of cabins installation, turn-key interior outfitting, ca m 2 m/s Baltic Queen, Tallink Group Merima at STX Europe, Rauma Deck 6-7 piping outfitting m/s Norwegian Epic, NCL Marioff Corporation at STX Europe, Saint Nazaire, France Hi-Fog sprinkler system turn-key installation m/s Allure of the Seas, RCCL Marioff Corporation at STX Europe, Turku Hi-Fog installation: manifolds, engine room

6 m/s Allure of the Seas, RCCL Merima at STX Europe, Turku Grand Promenade: piping outfitting m/s Oasis of the Seas Marioff Corporation at STX Europe, Turku Hi-Fog installation: manifolds, engine room m/s Carnival Dream, Carnival Cruise Lines Marioff Corporation at Fincantieri, Genoa, Italy Hi-Fog installation m/s Armorique, Brittany Ferries Europlan at STX Europe, Helsinki Deck 7, 8 piping outfitting m/s Carnival Splender, Carnival Cruise Lines Marioff Corporation at Fincantieri, Genoa, Italy Hi-Fog sprinkler system installation Helsinki tunnel, Marioff Corporation, Helsinki, Finland Hi-Fog installation, ca 1,5 km m/s Silver Spirit, Silversea Cruise Marioff Corporation at Fincantieri, Ancona, Italy Hi-Fog installation Super Speed 1, Super Speed 2, Color Line Aker Yards, Rauma, Finland Deck 9, piping outfitting Self-propelled crane vessel Stanislav Yudin Damen Shiprepair Rotterdam, The Netherlands Steel renewal ca 40 t m/s Baltic Queen, Tallink Group Merima at STX Europe, Rauma, Finland Piping systems, deck 6-7

7 NB81 Volstad TBN Fosen Group Rissa, Norway Turn-key interior outfitting ca 3000 m 2, insulation and HVAC 2009 Turn-key Interior outfitting A series of tug-boats m/s Af Chapman Stockholm, Sweden Refurbishment, ca m 2 Engine overhauls m/s Alandia, Rederi AB Eckero Public areas refurbishment ca 680 m 2 Expierenced staff, up-to-date Chris-Marin equipment m/s Superstar, Tallink Group Guarantee repair works on behalf of Fincantieri

8 THERE ARE SEVERAL REASONS TO ORDER FROM US: Always competitive prices Highly educated and experienced personnel High level of preparedness and excellent organization Guaranteed professional support in any port or dock Organizational and financial reliability, diversified company Flawless execution Possibility to order as interior outfitting as technical backgrounds

9 HEADQUARTES ESTONIA AS LTH Baas 5, Tuukri str, Tallinn, Estonia Phone: Fax: FINLAND LTH-Baas Finland Oy 5, Huolintakatu str, FI Turku, Finland Phone: Fax: RUSSIAN FEDERATION LTH-Baas Ltd 2, Vnukovskaya str, Saint Petersburg, Russian Federation Phone: Fax: FRANCE Base Vie des Sous-Traitants Saint Nazaie Cedex, France Phone: THE NETHERLANDS Phone: info@lth-baas.com ITALY Via Chiaravagna 22C-23, Genova, Italy Phone : info@lth-baas.com SWEDEN c/o M.E. Solutions AB Hans Stahles väg 7 SE , Tumba, Sweden Phone: info@lth-baas.com