Acquisition

Clarkson PLC 12 September 2005 CLARKSON PLC Acquisition of MV Pacific Dhow by Clarkson Logistics Division Clarkson PLC ('Clarksons') today announces that its Logistics Division has taken delivery of the MV Pacific Dhow. The MV Pacific Dhow is a 5,000 deadweight tonne chemicals and products tanker, built in 2005. As indicated in our 2005 Interim Report issued on 31 August 2005, Clarksons has identified a new long term project to transport jet fuel to Hong Kong International Airport which requires a modern specialised tanker. The MV Pacific Dhow meets the essential specification for this project and will commence operations under a long term charter in October 2005. The MV Pacific Dhow has cost US$14.1 million. Clarksons has financed this acquisition by US$9.2 million of bank borrowing with the balance of US$4.9 million coming from existing cash resources. This investment demonstrates Clarksons continuing commitment to find innovative marine transport solutions to industry and commerce and should, as with any longer term transaction, enhance the sustainability of future earnings. For further information: Richard Fulford-Smith, Clarkson PLC Telephone: +44 774 704 3139 Tim Huxley, Clarkson Logistics Telephone: + 852 2866 3068 Notes to editors Background to Clarkson PLC Clarkson PLC (which is listed on the London Stock Exchange) is acknowledged as the world's leading shipping services group. Through its unrivalled and extensive global network of offices it is able to give its clients unique access to a wide range of shipping services. Clarksons covers shipbroking, research, publications, derivatives and logistics. Clarksons' strategy is to expand and develop the group around these key activities. For further information on Clarkson PLC, please visit the company's website at http://www.clarksons.com/ This information is provided by RNS The company news service from the London Stock Exchange

Companies

Clarkson (CKN)
UK 100

Latest directors dealings