CIMC - JUE 3-13

3/19/2013 12:00 AM

Friede & Goldman has entered into a licenseagreement with CIMC-Raffles (China)on March 19, 2013 for the basic design of two(2) F&G JU-2000E jack-up drilling rig to beconstructed.

Additional agreements were signed for F&G toprovide their patented Rack Chock® leg fixationsystem for each of the mobile offshoredrilling units. CIMC currently has six (6)Super M2 designs, and three (3)JU-2000E designs under construction.

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