Morten Wilhelm Wilhelmsen (1839 - 1910)

2. Morten Wilhelm Wilhelmsen (1839 - 1910) Founder of the company Wilh. Wilhelmsen in Tønsberg 1861.

3. Kockegården

4. Mathilde – the company’s first ship

5. The funnel

6. Head office at Lysaker

7. Objectives The WW Group´s area of business is international maritime activities with a central base in Norway. Our objective for the year 2000 is to be clearly positioned as one of Norway´s leading shipping groups, and with such importance and strength that we also carry weight internationally. We will be a group organisation, with broad expertise and with emphasis on industrial shipping and related services. Profitability, financial strength and good liquidity are fundamental to all our activities.

8. Basic values The WW Group is backed by 140 years of experience in international shipping. Continuity and quality have been our hallmarks. We are now organised as a group of independent companies and divisions. Our objective is to develop the Group into a committed cooperation through mutual utilisation of each others strengths. The Group´s goals and strategies can best be developed further by having one joint vision and a common set of values and principles to guide our performance and working style. Through a spirit of cooperation we will create an organisation we can be proud of, and one that is respected by the community at large.

9. Corporate organisation President & Group Chief Executive Deputy Group Chief Executive Corporate Staff Wallenius Wilhelmsen Lines AS Barber International Ltd. Barwil Agencies AS

10. Organisation Chart BARBER INTERNATIONAL LTD Ship Management Marine Consultants WALLENIUS WILHELMSEN LINES AS Liner Business Car Carriers BARWIL AGENCIES AS Shipping Agencies Crew Vessels

11. Ro/Ro vessel Texas at sea

12. Taronga: The stern ramp

13. The Ro/Ro concept

14. Round the world service Europe to US East Coast/Canada to Australia/New Zealand to Far East to Panama/US East Coast/US Gulf/Canada to Europe

15. Norwegian line aquavit – a well-travelled spirit

16. Wilhelmsen Lines - Ro/Ro concept Car Carriers Container Vessels Ro/Ro Liner Vessels (Gen. Cargo) Ro/Ro Ro/Ro Ro/Ro Spezialised Carriers (Heavy Lift) Bulk Carriers (Forestry Prod.)

17. The Norwegian America line

18. Car carrier Nosac Takara

19. The inside of a car carrier

20. Car carrier Takasago at sea

21. Mark IV – M/V TAMESIS

22. Joining forces with Wallenius

23. Global industrial development Globalisation of trade Intensified global competition Trend for global manufacturers to seek growth and market position through mergers, acquisitions, partnerships etc. Industrial trends: • Global market presence • Improved product range • Cost reductions - economies of scale • Outsourcing

24. Recent mergers, acquisitions etc auto industry

25. POCLAIN Trucks, agricultural equipment, construction equipment

26. Compatibility Wilhelmsen Lines and Wallenius Lines operated close to uniform tonnage

27. Turnover 1998: • USD 700 million • 36 vessels • 5 newbuildings • Main focus: Cars/RoRo • Main trades: Asia - Eur • Atlantic • Land based activities • Turnover 1998: • USD 690 million • 36 vessels • 3 newbuildings • 3 newbuilding options • Main focus: RoRo/Cars/NCC • Main trades: Asia - NA • Eur/NA - ANZ Wallenius Wilhelmsen Lines Wallenius Wilhelmsen Lines • The worlds largest Car/RoRo carrier • Global market coverage • Land based activities • Solid base for development of transportation and logistics management services • Knowledge based and customer orientated organisation

28. The joint Wallenius Wilhelmsen trades

29. Wallenius Wilhelmsen Lines – Fleet Portfolio PCTC, Pure Car Truck Carrier RoRo and Container PCC, Pure Car Carrier RoRo

30. Oslo Stockholm Structure • New 50/50 owned company charters vessels from the parent company • Headquarter located in Stockholm and Oslo • Regional structure (Americas, Asia, Oceania, Europe)

31. Wallenius Wilhelmsen Lines – Organisation BOARD of DIRECTORS Chairman Christer Olsson PRESIDENT & CEO Ingar Skaug FINANCE & STAFF FUNCT. Jan Walle COMMERCIAL Jan-Eyvin Wang OPERATIONS Bengt Eurèn LOGISTICS Richard Lawson INFO. SYSTEMS Reidar Hauge AMERICAS Jan Eyvin Wang ASIA Makoto Yanase EUROPE Bjørn Tønsberg OCEANIA Peter Dexter Stockholm Oslo London

32. Richard Lawson Autologistics Group

33. Richard Lawson Autologistics Group - An overview • £100 million+ GBP Group turnover • Over 500 specialist vehicle transporters • 1.5 million+ vehicle movements per annum • Over 1800 employees • 33 operational sites across Europe • Comprehensive range of complementary technical services

34. Organisation Chart BARBER INTERNATIONAL LTD Ship Management Marine Consultants WALLENIUS WILHELMSEN LINES AS Liner Business Car Carriers BARWIL AGENCIES AS Shipping Agencies Crew Vessels

35. Barber’s core services • Ship management • Crew management • Commercial management • Marine Consultancy and Engineering • Crew training • IT solutions

36. Scope of services

37. Barber International World Wide Oslo Stettin Novorossiysk Hong Kong New Delhi Long Beach New Orleans Calcutta Dubai Chittagong Manila Bombay Registered Head Office Management offices Manning centers Kuala Lumpur Singapore

38. Fleet List – Barber Ship Management 36 Bulk carriers 11 Container 63 Tankers 6 Gas tankers (LPG) 35 Car Carriers 15 Ro/Ro 17 Offshore supply & survey vessels 24 Seismic research survey vessels 9 Passenger vessel 2 Specialised (Sea Launch, Drilling Ship etc) Total Fleet : 216 vessels Dec 2000

39. Shore based: Kuala Lumpur 171 Oslo 72 India 46 Dubai 42 Poland 15 New Orleans 12 Russia 4 Hong Kong 2 Total 364 Seafarers: Positions Total pool Indians 1,471 ~ 2,059 Filipino 2,108 ~ 2,530 Norwegian 154 ~ 308 Polish 512 ~ 666 Bangladeshi 113 ~ 136 Swedish 37 ~ 74 Others* 414 ~ 497 Total 4,809~ 6,270 Employees Dec 2000 *) others include: Korean, Myanmarese, Malaysian, Sri Lankan & others

40. Mumbai office building – Barber training center

41. Organisation Chart BARBER INTERNATIONAL LTD Ship Management Marine Consultants WALLENIUS WILHELMSEN LINES AS Liner Business Car Carriers BARWIL AGENCIES AS Shipping Agencies Crew Vessels

42. Barwil activities Stevedoring and Tally Clearance and Forwarding - Custom Brokers Tramp, Tank, Cruise agents Ship clearances Bunkering Ship supply service Ship to Ship transfer Hull and P&I Underwriting agency Cargo insurance and inspection Surveying Drydocking Hull cleaning Cargo brokerage Liner Agents Transhipment/Feeder Container hauling Container depot Container cleaning Terminal operation Warehousing Air freight NVOCC Marketing Offshore Utility boats Crewboats Security boats Agency launches Chartering

43. Barwil World

44. South East Asia CHINA INDIA Bombay THAILAND THAILAND Bangkok Subic Bay Hoh Chi Minh City Port Klang Kuala Lumpur Kota Kinabalu Colombo Penang Kuantan Belawan Pasir Sibu Gudan Singapore Kuching Jakarta Surabaya

45. Middle East Beirut IRAN IRAQ Amman KUWAIT Aqaba Jubail Dammam Ras Al Khaimah Ras Tanura Yanbu Khorfakkan Sharjah Riyadh BAHRAIN Fujairah Dubai Rabigh Abu Dhabi Ruwais U. A. E. Muscat Jeddah SAUDI ARABIA OMAN Salahlah YEMEN Hodeidah Mukalla Mocka Aden

46. Region Australia & New Zealand Weipa Darwin Cairns Townsville Port Hedland Mackay Dampier Gladstone AUSTRALIA Brisbane Fremantle Whyalla Newcastle Port Adelaide Sydney Wangarei Port Kembla Auckland Melbourne Tauranga Gelong NEW ZEALAND Bell Bay Wellington Christchurch

47. Black Sea - Turkey UKRAINE RUSSIA Nikolayev Kherson Novorossiysk Odessa Tuapse Illichevsk ROMANIA GEORGIA Tulcea Poti Baku Black Sea Batumi Constantza Varna BULGARIA Trabzon Bourgas Samsun Sofia Istanbul Gebze TURKEY Dikili Iskenderun Izmir Mersin Barwil Offices Associated Offices

48. Baltic Sea FINLAND SWEDEN NORWAY Kotka Helsinki Oslo Tallinn ESTONIA Baltic Sea Riga LATVIA Klaipeda Gdynia LITHUANIA Swinoujscie Gdansk GERMANY Szczecin POLAND

49. Abeer Marine Services – Utility boat

50. WW ASA – Regions Americas “Europe” Med./M. East/Africa Oceania Asia