ABG

11/15/2006 12:00 AM

Friede & Goldman has entered into a contract withABG Shipyard Ltd. (India) on October 26, 2006 for1 F&G designed JU-2000A jack-up drilling rig.

ABG also signed additional agreements for F&Gto provide their patented Rack Chock leg fixation systemand Jacking System for the newbuild jack-up onApril 16, 2007.

For further information, please click the link below.

http://www.abgindia.com/data/HT%20(Mint)%20-%205%20April%202007.pdf
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