£72 Million order extends largest ever Rolls-Royce offshore Marine contract

Note to editors

1. Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, operates in four global markets - civil aerospace, defence aerospace, marine and energy.
2. The marine business of Rolls-Royce, focuses on power, propulsion and motion control solutions and serves over 2,000 customers. Its equipment is installed on 20,000 commercial and naval vessels operating around the world. The business employs 7,400 people in 34 countries with main manufacturing centres in the UK, the Nordic countries, the United States and, increasingly, Asia.
3. Rolls-Royce has been increasing its marine business in China annually over recent years and its global merchant business is now headquartered in Shanghai, where a new factory opened a factory in 2005 to serve the world's largest commercial shipbuilding market. Together with an existing facility in South Korea, the new factory forms a production hub for North-East Asia.
4. In November 2007, Rolls-Royce won its largest contract with Chinese shipbuilder Sinopacific, worth $42 million, to provide steering gear and deck machinery for bulk carriers and liquid petroleum gas carriers.
5. OSM Schiffahrt, based in Hamburg, Germany, was created by the Nordcapital Group, based in the same city, and the Norwegian ship management company OSM as a 50:50 joint venture in November 2006.

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