The Board of Directors of COSCO Corporation (Singapore) Limited (the "Company")

wishes to announce that COSCO (Guangdong) Shipyard Co., Ltd ("COSCO Guangdong"), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered a 4500m2 Livestock Carrier, “Girolando Express” to its European buyer.

The delivery documents were signed by and between COSCO Guangdong and the buyer recently.

The Livestock Carrier measures 134.80 meters in LOA (length of all), 19.60 meters in breadth and 9.6 meters in depth.