Atorka has subscribed for around 100 million new shares in a proposed new share issue of InterBulk Investments plc. At a price 20 pence per share. The total consideration paid for the new shares therefore amounts to about GBP 20 million. Before the new share issue Atorka held 23.550.000 shares in the company which was around 24% of the InterBulk's share capital before the new share issue. After the new shares have been issued Atorka's holding in the company will amount to approximately 40%. Atorka is funding the acquisition with its cash at hand. InterBulk has procured the Takeover Panel's clearance for Atorka's holdings to go over the general threshold for the making of takeover offers. The proposed new share issue is subject to the approval of InterBulk's general meeting. InterBulk's new share issue is intended to finance partially InterBulk's acquisition of all share capital of United Transport International Limited (UTI). InterBulk acquires UTI for GBP 79.5 million. InterBulk finances the UTI acquisition with a combination of new share capital and loan financing from Bank of Scotland. The acquisition is on behalf of Interbulk subject to its general meeting's approval. InterBulk's strategy is to be a leading company on the global market for specialized container logistical services for the chemical industry, but that industry makes a high demand for reliability. InterBulk is already the third largest company involved in the tank-container market. With the acquisition of UTI InterBulk will become a leading company in tankcontainers. InterBulk's proforma turnover on an annual basis will become around GBP 230 million after the acquisition. The market's which InterBulk operates in are increasingly growing due to (1) globalization which requires increasing transportation of liquids for the chemical industry within and between continents, (2) increase in containarization due to the efficiency of container transport over other transport modes and (3) increased demand for safe handling of chemicals which can damage the environment. The company intends to grow in those markets and lead the consolidation of companies that provide specialized container services for the chemical industry and thus seek increased economies of scale. Magnus Jonson, CEO of Atorka "This further investment in InterBulk is in line with our investment strategy. InterBulk operates on a growing market and has a strong and experienced management team. Our mission is to support our investment projects to profitable growth and we see a lot of opportunities for InterBulk with its investment in UTI." For further information contact Magnus Jonsson, CEO of Atorka +354 840 6240