“These significant awards outside of Thailand are very encouraging andvindicate the new growth path for MML’s Cable Lay Division, which I enabled by making key strategic appointments to the global management team. Also, the establishment of the Dubai office in order to be accessible to our major clients is delivering results to MML and our shareholders, at an early stage, and this is very encouraging. Currently, the division has secured a number of main contractors for the installation of subsea power cables, umbilicals and flexibles offshore in a number of oil fields in Saudi Arabia. On behalf of MML, I wish to thank our clients for their ongoing belief and trust in our services,” Mr. Chalermchai added.The Cable Business represents almost 50% of recent awards, and circa 30% of the forward book in the near term. These recent awards bode well for the success of the division and its contribution to MML’s bottom line for the foreseeable future. Furthermore, we are confident that this initial momentum will be sustained and followed by future awards.Global Expansion: WEST AFRICAMML has recently clinched a 3-year survey project in Angola, with options to extend, to provide survey services on board client supplied vessels in the region. Mr. Chalermchai revealed, “The recent award of a long-term survey scope in Angola is part of a strategic expansion of the global footprint of MML by our new management. This award ably demonstrates the deployability of MML’s diversified service offerings and significant capabilities. Several synergies will flow from this early stage award and it puts MML ahead of its ambitions in this regard with more announcements to follow.”