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