Mare Baltic PCC Limited - transfer to the observation list


Copenhagen, 24 November 2008

Mare Baltic PCC Limited - transfer to the observation list

NASDAQ OMX Copenhagen A/S has transferred the below ISIN codes to the           
observation list today:                                                         

ISIN Navn

DK0003454742 3% Scandi II Senior 2012

DK0003454825 3% Scandi II JUNIOR 2012

DK0030015128 Scandinotes III Senior 2015

DK0030015201 Scandinotes III Mezzanine 2015

DK0030015391 ScandiNotes III Junior 2015

DK0030039573 Scandinotes IV Senior 2014

DK0030039656 3% Scandinotes IV Mezzanine 2014

DK0030039730 3% Scandi IV Junior 2014

The bonds are transferred due to the fact that HSH Nordbank AG, Copenhagen      
Branch has announced                                                            

that ebh bank a/s has chosen to postpone future interest payments for loans that
are part of                                                                     

ScandiNotes® II, III and IV with DKK 50 millions, EUR 7.5 millions and DKK 75   
millions.                                                                       

For further information, please see the announcement of 24 November 2008 from   
Mare Baltic PCC                                                                 

Limited.

For further information, please contact: Jeppe Møller Nielsen, Surveillance,    
tel. +45 33 93 33 66

Attachments

mara baltic overfrsel til obs medd uk.pdf