PURCHASE OF VESSELS

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Wilson has entered into an agreement with German
shipowners Hartmann regarding the purchase of 2
bulk vessels.

Wilson has entered into an agreement with
shipowners Hartmann to acquire:
- MV Garmo - 4.260 dwt, built in 1994
- MV Laura Helena - 4.260 dwt, built in 1993

Total purchase price has been agreed to EUR
9.625.000 and delivery of the vessels will be
January - February 2008. At delivery, the vessels
will be given Wilson-names.

Both vessels currently sail for Wilson under time
charter agreements and will continue as an
integrated part of the fleet after delivery.

After this transaction, Wilson will operate a
fleet of 109 vessels, whereof 77 are owned.