Yantai 2

7/10/2006 12:00 AM

Friede & Goldman has entered into contract withYantai Raffles Shipyard (China) on July 10, 2006for two (2) F&G designed Millennium SAsemi-submersible drilling rigs.

For more information on Yantai Raffles Shipyard,please click the following link to be directed to theirwebpage.

www.yantai-raffles.com
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Phone: (713) 952-3444
Fax: (713) 952-3443
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3151 Briarpark Dr., Suite 800, Houston, TX 77042