JAYA HOLDINGS LIMITED

13 Tuas Crescent Singapore 638707

Tel : (65) 6265 1010 Fax : (65) 6864 5555

Incorporated in the Republic of Singapore

Co. Reg. No.: 199002391E

MEDIA RELEASE

Jaya delivers with Pride

SINGAPORE, 7 February 2013


Jaya Holdings Limited, operators of Singapore's leading offshore shipbuilding yard, today delivered a new state-of-the-art multi-purpose offshore support vessel Jaya Pride.
"Jaya Pride is one of the most sophisticated vessels produced by Jaya's Batam shipyard," said Chief Executive Officer Venkatraman Sheshashayee, "a highly versatile DP2 workboat for offshore platform maintenance, one we have already fixed on a time charter with a key customer."
Mr Sheshashayee paid tribute to his shipbuilding team for their dedicated professionalism and coordinated efforts completing the vessel on time and to extremely high standards of fit and finish.
The 78-metre vessel, which can accommodate up to 148 passengers and crew, is classed by the American Bureau of Shipping (ABS) and will deliver under the Singapore flag.
Lim Siew Koon, President - Shipbuilding / Ship Repair, said: "Jaya Pride is another big step forward for our yard in Batam. It shows our ability to produce more and more complex vessels in our expanding facility. Jaya Pride is fully compliant with SPS Code 2008 and features one of the largest lattice boom cranes we have installed on a self-propelled vessel, a Liebherr model with 40 tons lifting capacity at 40 metres reach, or 50 tons at 20 metres, and man riding rating for personnel transfer."
George Horsington, President - Business Development, said: "Upon delivery, the vessel will start a term charter with Belait Offshore in the South China Sea. Platform maintenance vessels are in increasing demand, not just in South East Asia but Mexico and West Africa, two markets we are targeting. When offshore infrastructure requires renovation and refurbishment, this type of vessels play a pivotal role supplying accommodation and lifting capability for the work force. They can also be used for hook-up and commissioning work on new facilities, and for painting campaigns."
Mr Horsington also confirmed Jaya expects to deliver a similar though larger Wärtsilä designed workboat from its Batam yard in 2014. "We are confident Jaya Pride will be the first of many such vessels for our chartered fleet in the coming years."

Jaya Pride's main Caterpillar engines deliver over 5,150 bhp output, supported by two bow thrusters and two stern thrusters from Kawasaki. The vessel has additional Volvo Penta generators and 650 sqm of clear deck capacity for client equipment and cargo. Jaya Pride is fitted with both four point mooring and a Kongsberg dynamic positioning system. As well as two DGPS reference systems, the vessel has a Kongsberg high precision acoustic

positioning (HiPAP) system for precision station-keeping and ROV work.
ABOUT THE COMPANY www.jayaholdings.com

SGX mainboard listing: March 1992

Jaya Holdings (JAYA:SP) is a leading Offshore Energy Services Group, headquartered in Singapore. The Jaya Group provides a wide range of services and solutions to the offshore oil and gas E&P domain.

Specialised offshore assets are designed and constructed to exacting quality standards and rigorous time schedules in our fully owned facilities in Singapore and Indonesia (Batam). When required, Jaya also outsources construction to reputed builders whose infrastructure and quality standards have been audited comprehensively. Such outsourced construction is closely monitored and supervised by Jaya's in-house team.

Our fleet of specialised offshore vessels are designed and built to global standards and to be able to operate on a worldwide basis, supporting offshore E&P, marine construction, mining and marine-related activities. Jaya's fleet is one of the youngest and most diversified in the region. Our QHSSE and Operations teams are superlative and constantly strive to deliver uninterrupted customer satisfaction. Jaya's current fleet consists of 27 vessels.

The Group is led by a strong management team supported by a dedicated and competent organisation focused on service excellence and customer delight. Its core group of senior executives each has industry experience of more than 20 years.

For more information about Jaya Holdings, please visit the website at:

www.jayaholdings.com

FOR FURTHER ENQUIRIES

MS YEO SENG LAN +65 6265 1010 E NQUIRY @ JAYAHOLDINGS . COM

FOR MEDIA

MR TOBY INGRAM +65 9176 4273 HELIX MEDIA


T OBY .I NGRAM @ HELIXMEDIA . ASIA

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