PURCHASE OF VESSEL

Wilson has entered into an agreement with Arno
Shipping Ltd. regarding the purchase of the
container vessel MV Doris.

MV Doris is built in 1997 and is a sister vessel
of MV ECL Challenger (1995) that Wilson acquired
in 2006. The vessels have each a carrying capacity
of 384 TEU.

The purchase price has been agreed to EUR
7.275.000. Wilson will initially take the MV Doris
on a short term time charter before the
acquisition is effectuated. Closing of the
purchase transaction is expected to be
October/November 2008. The vessel will be renamed
MV `ECL Commander` at delivery.

MV Doris will be integrated in Wilson`s container
operation; Euro Container Line (`ECL`) and will
expand carrying capacity in the business segment.
Including MV Doris, ECL will operate a fleet of 4
vessels in a feeder service between the Continent
and ports in West- and Mid-Norway.

After this transaction, Wilson will operate a
fleet of 110 vessels, whereof 78 are owned.

Wilson is in the process of taking over Eimskip`s
50 % share of ECL, ref stock exchange notice of
3rd September. Formal takeover of the shares is
expected to take place in October.