| Name Of Person | Alex Yeo Kian Teong |
| Age | 47 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/05/2015 |
| Detailed Reason (s) for cessation | To pursue personal interests |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of Appointment to current position | 15/10/2010 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Group Chief Executive Officer (appointed on 1 January 2013) |
| Role and responsibilities | Roles and responsibilities as a Group Chief Executive Officer |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Direct Interest : 13,102,401 shares Deemed Interest: 85,000 shares which are held in the name of his spouse, Ms Teo Soo Swan
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| Past (for the last 5 years) | Nil |
| Present | 1. Swissco Offshore (Pte.) Ltd. 2. Swissco Offshore Limited 3. Swissco International Pte. Ltd. 4. Swissco Asia Pte. Ltd. 5.Singapore Marine Logistics Pte Ltd 6. Swissco Maritime Pte. Ltd. 7. Swissco Ship Services Pte. Ltd. 8. Swissco Energy Services Pte. Ltd. 9. Hadi International Marine Services Pte. Ltd. 10. Valueright International Limited 11. Scott and English Energy Pte. Ltd. 12. S&E Offshore Investments 2 Pte. Ltd. 13. S&E Offshore Investments Pte. Ltd. 14. S&E Services Investments Pte. Ltd. 15. Supreme Excellence 2 Pte. Ltd. 16. Supreme Excellence 3 Pte. Ltd. 17. Liftboat 1 International Pte. Ltd. 18. PT Swissindo Marine 19. Seawell Drilling Pte. Ltd. (In Members' Voluntary Liquidation) 20. SW Marine (M) Sdn Bhd 21. Swissco Marine (Labuan) Ltd
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