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Press Release 26.03.08

Alcatel-Lucent awards submarine network installation contract to CTC

CTC Marine Projects (a DeepOcean ASA subsidiary) has been awarded a submarine network installation contract by Alcatel-Lucent.

The contract will be for an initial period of 6 months starting in June 2008, with options to extend for a further 6 months.

CTC will employ a comprehensive Telecoms installation spread for the work, using the Maersk Responder vessel and the company's MD3 cable plough.

CTC's Telecoms General Manager, Paul Woodward, commented:
'We are delighted to be working with Alcatel-Lucent on this project. It re-establishes CTC's strength in submarine telecoms and will help to position the company as a major supplier of marine installation services to the market.'

Ends

For further information, please contact Fiona Duckworth, Head of Marketing,
CTC Marine Projects Ltd.

CTC Marine Projects Ltd
Coniscliffe House
Coniscliffe Road
Darlington
County Durham
DL3 7EE
Telephone: 01325 390 500

marketing@ctcmarine.com