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Production of New Concept Ferry Begins at Aker

Maritime Activity Reports, Inc.

October 3, 2006

The production of Viking XPRS, a new type of fast car passenger ferry, was started in Aker Yards, Turku on October 3 by Nils-Erik Eklund, CEO Viking Line pushing the button of the cutting machine with Yrjö Julin, President of Aker Yards Cruise & Ferries wittnessing the forming of the first plate for Aker Yards newbuilding No. 1358.

The contract by Aker Yards and Viking Line Abp was signed on November 30, 2005 to deliver this fast ferry in January 2008.The value of the contract is approximately $164.9m (130 million euro.)

The new ferry represents an entirely new concept in Baltic Sea ferry service, bringing together the best qualities of conventional car ferries and catamarans. The emphasis will be on customer comfort, eg. modern innovative restaurants and a high class conference centre. The environmentally friendly fast ferry designed to carry passengers and cars between Helsinki and Tallinn is intended for year-around service regardless of weather conditions. The 607 x 91 ft. vessel will be taking 2,500 passengers, and driven by 40 MW engines giving the vessel a speed of 25 knots.

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