By Press Release

CTC Marine Projects (a DeepOcean ASA subsidiary) has

been awarded a submarine Telecoms contract by General Offshore Ltd. for Post Lay Inspection and Burial work in the APAC region. The 40 day project uses CTC's

CMROV 3 cable maintenance ROV and commences in March 2008.

CTC's Telecoms General Manager, Paul Woodward commented, ‘This contract will further

consolidate CTC's established position in the Telecoms market.'