Marco Polo Marine Ltd. (the “Issuer”) is pleased to announce that it has today issued S$50,000,000
fixed rate notes due 2016 (the “Series 1 Notes”) under its S$300,000,000 multicurrency medium term
note programme (the “Programme”).

DBS Bank Ltd. and United Overseas Bank Limited acted as the joint lead managers and bookrunners in
connection with the issue of the Series 1 Notes.

The Series 1 Notes will bear interest at the fixed rate of 5.75 per cent. per annum and will mature on 18
October 2016.

The net proceeds from the issue of the Series 1 Notes under the Programme (after deducting issue
expenses) will be used for general corporate purposes, including the refinancing of borrowings, and
financing investments and general working capital of the Issuer and its subsidiaries.
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