Statement re. Press Comment

Ocean Wilsons Holdings Ld
12 February 2007



                         OCEAN WILSONS HOLDINGS LIMITED



The Board of Ocean Wilsons Holdings Limited notes the recent rumours in the
market, and confirms that the Board is actively considering a partial IPO of its
Brazilian operations.



If a decision is taken to proceed, further information will be made available in
due course.


                      This information is provided by RNS
            The company news service from the London Stock Exchange   D

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