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							                                                       T E R M A U P DAT E . S E P T E M B E R 2 0 0 5




                                                       update
Surveillance System
for Ocean
Patrol Vessels




In this Update issue                                   Contents

Terma recently secured the first export order for      C-Flex Command System for Patrol Vessels / 2
the SCANTER 4100 to BAE Integrate Systems, UK.         Double Surveillance with New Advanced Radar / 3
BAE is to supply the Royal Navy OPV with tactical
                                                       Vessel Traffic Service System for Portugal / 4
display system, to which the surveillance radar will
                                                       Terma SCANTER 4100 Surveillance Radar to the Royal Navy / 5
supply information.
                                                       SCANTER 2001 Coastal Surveillance Systems
In September 2005, Terma signed a contract to
                                                       for the Polish Border Guard / 6-7
deliver SCANTER 4100 radars for Danish Off Shore
                                                       Decoy Launching System for U.S. Navy LCS / 8
Patrol Vessels which will be deployed from 2009.
                                                       We provide Mission Critical Solutions / 12
Earlier this year, Terma signed a delivery contract
with Lockheed Martin to provide the Soft Kill
Weapon System for the first U.S. Navy Littoral
Combat Ship.
                                                                                                                                                       C-FLEX




    C-FLEX Command System
    for Patrol Vessels
    Terma A/S produces Command
    & Control Systems for warships
    and patrol vessels. The systems are
    balanced in complexity and cost,
    depending on the type of ships. Thus,
    they range from very small, single
    operator systems to large systems of
    35+ operators. The Terma command
    system for naval ships is named
    “C-Flex”.

    Terma is currently marketing a
    C-Flex configuration which has been
    optimized for cost efficient projects.
    It is considered the perfect solution             C-FLEX Command System is based on the unique T-CORE® Software
    for small Patrol Vessels and for Ocean            developed by Terma
    Patrol Vessels, typically based on one
    to three operator consoles.

    The patrol vessel system utilizes                                 ����
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    COTS hardware throughout. The                                     ����
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    system interfaces with electro-optical                      ����������

    fire control, navigation system, and
    radar(s) have maintained all the initial
    powerful functionalities from higher
                                                                                                                                                    �����
    end systems.                                                                           �������
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    Like all Terma’s command systems,                                  ������������
    the C-Flex for patrol vessels is based                                                                                                        �������
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    on the unique T-Core® software                                                                                                                 ��������
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    developed by Terma.


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    C-FLEX is considered the perfect                            �����������������         ������������������
    solution for Patrol Vessels and for
    Ocean Patrol Vessels

                                                      Typical system layout of C-Flex for small patrol vessels




2   T E R M A U P DAT E . S E P T E M B E R 2 0 0 5
                                                                            SCANTER 4100 FOR OFFSHORE PATROL VESSELS




Double Surveillance with
New Advanced Radar
Terma's new radar, SCANTER 4100,                    is unpredictable, and sometimes
monitors both sea level and airspace.               harsh. In particular in connection
The first contract is signed with the               with search and rescue operations,
Royal Danish Navy.                                  the requirements for the radar to
                                                    detect and maintain even small
With a cruising range of 160 km and                 objects in low visibility and at high
a unique ability to detect and maintain             sea are high. Terma’s new SCANTER                    Courtesy of the Royal
                                                                                                         Danish Navy Material Command
small targets under harsh weather                   4100 and existing SCANTER 2001
conditions, Terma’s new SCANTER 4100                meet these requirements and are
                                                                                                       The cruising range of 160 km gives an
is particularly suitable for surveillance           therefore particularly suitable for these          unique ability to detect and maintain
and rescue operations at sea. It is                 purposes.                                          small targets under harsh weather
developed to monitor both sea level                                                                    conditions
                                                    In addition, The SCANTER 4100 is also
and airspace.
                                                    suitable for guiding helicopters to land
                                                                                                       with reliable data about vessels
In September 2005, Terma signed a                   on board the vessel under weather
                                                                                                       and planes which have not made
contract to deliver SCANTER 4100                    conditions which would normally
                                                                                                       themselves known.
radars for Danish Offshore Patrol                   exclude helicopter flights. Ultimately,
Vessels which will be deployed from                 it is a matter of life or dead during              The SCANTER 4100 covers an
2009. The contract is a result of a multi-          difficult rescue operations at sea.                interesting variety of jobs handled by
annual development project between                                                                     the navy and the coast guards all over
                                                    In the last few years, the increasing
the Royal Danish Navy and Terma.                                                                       the world. On this background, Terma
                                                    focus on terror protection, smuggling,
                                                                                                       predicts great interest and demand for
                                                    and, in some parts of the world, even
Low Visibility and High Sea                                                                            the new generation of radars.
                                                    hold-ups at sea intensify the demands
The principal tasks for the patrol vessel
                                                    for effective surveillance tools. Despite          The SCANTER 4100 systems are
are sea surveillance, rescue service,
                                                    increased use of surveillance from                 delivered to the Royal Danish Navy
fishery inspection, and enforcement
                                                    planes and satellites, the radar is still          in 2008. It is the same type of radar,
of Danish sovereignty in the North
                                                    the most reliable equipment for these              which Terma delivers to Royal Navy’s
Atlantic. Surveillance and rescues at
                                                    types of surveillance jobs. Regardless             new Ocean Patrol Vessel which will
sea are highly demanding in these
                                                    of the weather condition, the navy                 be deployed in the South Atlantic in
parts of the world . The weather
                                                    vessels and coast guards are provided              the summer of 2007.



    The SCANTER 4100 is suitable                                                   TARGET                 DETECTION RANGE (Instrumental)
    for surveillance and rescue
                                                                                                          Minimum               Maximum
    operations at sea
                                                                                   Jet ski                10 meter              Radar Horizon

                                                                                   Go-Fast speedboat      10 meter              Radar Horizon

                                                                                   Zodiac                 10 meter              Radar Horizon

                                                                                   Fishing boat           10 meter              Radar Horizon

                                                                                   Helicopter             Helo Deck on Vessel

                                                                                   F16                    100 meter             100 Nm
                                             Courtesy of the Royal                 Sea Skimmer missile 10 meter                 Radar Horizon
                                             Danish Navy Material Command




                                                                                                  TERMA UPDATE . SEPTEMBER 2005                 3
                                                                                                VTS SYSTEM FOR PORTUGAL




    Vessel Traffic Service
    System for Portugal

    Terma is to supply 16 SCANTER 2001
    Radar Systems for the surveillance
    of the coast and vessel traffic along
    the 750-km coastline of Portugal
    as subcontractor to the European
    Aeronautic Defence and Space
    Company, EADS.

    Along Portugal’s Atlantic coast, the
    vessel traffic is dense, and the need
    for intensive and reliable surveillance           some of the 16 SCANTER 2001 radar         The EADS Cooperation
    is high in order to avoid pollution               systems are installed on mountain         With this contract for a comprehensive
    disasters and ship collisions. Several            tops along the coastline, one of which    Vessel Traffic Service system, Terma
    accidents with grounding tankers,                 will be placed as high as 1,100 meters    continues its cooperation with
    resulting in extensive oil pollution and          above sea level. The remaining radars     EADS as main contractor on radar
    with terrible consequences for wildlife           will cover coastal areas as well as       surveillance of ports and coastlines.
    and the coastline environment prove               various ports which are not covered by    The cooperation began with the supply
    the necessity of a well-functioning               the high-placed radars.                   of 11 systems for the port of Hamburg
    Vessel Traffic Service System. At the                                                       in 1997, followed by a number of radar
                                                      To accomplish the long-range target
    same time, the system is of strategic                                                       systems for South Africa, Vietnam,
                                                      detection goal, Terma develops a new,
    importance to the EU which has                                                              Indonesia, and most recently 20
                                                      large 21-feet antenna with improved
    adopted a plan for the protection of                                                        systems for Estonia. The contract for
                                                      gain. This new antenna will form an
    EU borders (coastal surveillance) and                                                       Portugal will be implemented during
                                                      essential part of the high-placed radar
    to increase safety at sea and avoid                                                         2006 and 2007.
                                                      sites. In order to detect ships from
    pollution disasters.
                                                      a long distance, the radar antennas
                                                      must be placed as high as possible to
    Long-range Detection
                                                      provide a high gain.                      The new 21-feet antenna
    The challenge involved in the project
                                                                                                developed for long-range
    is that some of the radars must be                The project emphasizes Terma’s
                                                                                                target detection goals
    able to detect ships 150 km out in                position as a leading supplier of radar
    the Atlantic Ocean, where the main                equipment for the surveillance of
    seaways are located. To achieve this,             coasts and vessel traffic.




4   T E R M A U P DAT E . S E P T E M B E R 2 0 0 5
                                                                                               SCANTER 4100 FOR OPV(H)




Terma SCANTER 4100
Surveillance Radar to the Royal Navy
The Terma SCANTER 4100
Surveillance Radar has been selected
for the Royal Navy Ocean Patrol
Vessel.

The Terma surveillance radar is part of
the command and control system that
BAE delivers to a new inspection and
surveillance vessel with helicopter, a
so-called OPV(H), Ocean Patrol Vessel
(Helicopter). The vessel will be built on   The Royal Navy OPV(H) with a SCANTER 4100 to be
the British shipyard, VT Shipbuilding.      deployed in 2008 in the South Atlantic.
The vessel will be deployed in 2007 in
the South Atlantic. It will participate     recognition owing to its ability to             The SCANTER Features
in the Royal Navy’s surveillance in         detect and track small targets in all           SCANTER 4100 is the ship version
the waters surrounding the Falkland         weather condition. In addition to its           of the SCANTER 4000 system which
Islands.                                    attractive design, it utilizes a joint TWT      Terma is currently completing to
                                            transmitter and individual Frequency            the Royal Danish Navy for coastal
Terma’s SCANTER 4100 was selected           Diversity Receivers with advanced               surveillance.
as it applies the latest technology         signal processing based on a new
                                                                                            The SCANTER 4000/4001 is a new
providing a balance between                 concept for MTI processing (Moving
                                                                                            digitalized radar concept combined
performance and price. The SCANTER          Target Indication processing).
                                                                                            with surveillance on sea level as well
4100 has gained international
                                                                                            as airspace in the range of up to
                                                                                            160 km. The radar is like the existing
                                                                                            SCANTER 2001 suitable for all kinds of
                                                                                            surveillance from ships and along the
                                                                                            coastline for detecting small targets
                                                                                            in all weather conditions. The radar
                                                                                            picture is reproduced in a high quality
                                                                                            where clutter is eliminated.




                                                                           The SCANTER 4100 has gained
                                                                           international recognition for its ability
                                                                           to detect and track small targets in
                                                                           all weather conditions.




                                                                                          TERMA UPDATE . SEPTEMBER 2005               5
    SCANTER 2001 Coastal
    Surveillance Systems for
    the Polish Border Guard


    Terma Radar Systems and Polish                    of the Baltic Sea coastline, the radar     High Gain Antenna has been chosen.
    Telecommunication Research                        equipment will efficiently and reliably    The system features excellent
    Institute PIT have just signed a                  assist the officers of the Polish Border   performance against sea clutter and
    contract with the Polish Border                   Guard with detecting and transmitting      a unique ability to detect both small
    Guard, Straz Graniczna RP. The
                 ´                                    timely information to both local and       slow and small rapid targets, exactly
    contract covers turnkey delivery,                 central supervision centers regarding      what is used by intruders.
    installation, training and warranty               suspect items and persons crossing
    for SCANTER 2001 Frequency                        the border.                                Top Priority
    Diversity radar systems for fixed sites                                                      As Poland entered the EU, the
    installation as well as a SCANTER                 Excellent Performance                      end-user, the Polish Border Guard,
    2001 for a mobile radar station.                  The SCANTER 2001 radar systems are         has assumed new responsibilities,
                                                      already renowned all over the world        including the supervision of the Baltic
    The radar systems will be installed               for their unique ability to detect small   Sea borders while ensuring free and
    and set to work during 2006; the first            targets in rough weather making them       easy flow of travellers and merchandise.
    system being handed over in January               extremely well-suited for Coastal
                                                                                                 Being part of EU’s outer border, the
    2006. At present the radar sites along            Surveillance purposes. Customers
                                                                                                 extensive Polish coastline became
    the Polish coastline are being prepared           include the U.S. Coast Guard, Estonian
                                                                                                 significant for the entire European
    with new antenna towers and general               Border Guard, The Royal Danish Navy,
                                                                                                 Community. Combined with the
    system infrastructure to be established           Spanish Guardia Civil, and many more.
                                                                                                 increasing focus on combating terror
    during the autumn of 2005.
                                                      For the Polish Border Guard system         and illegal migration on a worldwide
    With the Coastal Surveillance System              installation, the advanced Frequency       basis, protection of the Polish coastline
    being designed to cover 534 kilometers            Diversity version including the 21-feet    and inner European waters has




6   T E R M A U P DAT E . S E P T E M B E R 2 0 0 5
                                                     EFFICIENT AND RELIABLE COASTAL SURVEILLANCE SYSTEM



                                                                              SCANTER 2001 Coastal Surveillance
                                                                              System featuring a 21ft high gain antenna




become top priority in the security
                                              Przemysłowy Instytut Telekomunikacji
efforts of the EU. The project is
                                              (Telecommunications Research Institute, PIT)
therefore to a large extent funded
within the European PHARE                     Przemysłowy Instytut Telekomunikacji was established in 1934 as a state
programme.                                    institution. It is currently the largest Polish research and development center
                                              and if also a manufacturer and supplier of command and control systems (C2I)
Together with the Italian company,
                                              and radar equipment for Polish Ministry of Defense and for other countries’
SELEX Sistemi Integrati S.p.A. – formerly
                                              customers. Furthermore, PIT is active within research and development, design,
AMS, PIT will be the system integrator
                                              production, installation and service of command, control communication and
of the new radar systems that form an
                                              intelligence systems, radar equipment, radar antennas, radar reconnaissance
essential part of the Polish Baltic Sea
                                              systems, and microwave devices.
coastal surveillance system.
                                              In Poland, PIT is the sole supplier of microwave ferrite assemblies and
                                              microwave travelling tubes both for domestic and international customers.

                                              PIT has long-time experience in technical cooperation with domestic and
                                              international well-known radar and system companies (Boeing, Lockheed
                                              Martin, Northrop Grumman, AMS, LRDE, etc.) and is therefore well prepared
                                              for cooperation on international markets.




                                            SCANTER 2001 Dual Transceiver
                                            Frequency Diversity




                                                                                        TERMA UPDATE . SEPTEMBER 2005           7
                                                                                            TERMA SOFT KILL WEAPON SYSTEM




    Decoy Launching System for
    U.S. Navy Littoral Combat Ship
    Terma recently signed a delivery                  The system is open and flexible and        which decoy solutions will provide the
    contract with Lockheed Martin to                  has been designed for easy integration     best ship protection.
    provide the Terma Soft Kill Weapon                into the ship’s command and control
                                                                                                 Continuous Decoy Development
    System (SKWS) to the first U.S. Navy              system for combat management               in 130 mm
    Littoral Combat Ship (LCS).                       and electronic warfare. Terma has          The 130 mm decoy caliber is by far
                                                      developed a unique automatic               the most popular system worldwide.
    For the U.S. Navy LCS, Terma will                 ammunition identification system           Therefore, the user is guaranteed an
    deliver SKWS DL-12T lightweight                   which shortens the loading cycle and       unsurpassed range of decoys and
    launchers with eight different firing             prevents the potential devastating         continuous development of new
    directions. This feature provides full            effect when using the wrong decoy.         features and increased performance.
    360-degree defense coverage for                                                              In effect, the users are provided with
                                                      Best Decoy Defense on Modern
    effective placement of the full range             Naval Ships                                several suppliers as well as long-term
    of existing Infra Red (IR) and Radio              The Terma Naval Decoy System is an         guarantee of support. During the
    Frequency (RF) decoys, a solution                 intelligent and comprehensive decoy        last few years, anti-torpedo defense
    superior to standard 130 mm outfits.              system solution. It includes launchers,    using an acoustic decoy has been
    The LCS will provide the U.S. Navy                electronics equipment, software            in operation. New decoy functions
    with transformational capabilities                algorithms, and a control unit with        enhancing performance of existing
    in the coastal areas with an agile,               an intuitive user interface. It is an      systems as well as new types to
    highly maneuverable monohull                      excellent fit for modern warships as it    protect own ship against laser guided
    design. Ensuring littoral battle space            will provide a passive defense against     missiles and visually guided missiles
    and dominance, the ship’s first                   airborne threats and an option for         are currently being developed.
    missions will include mine warfare,               torpedo defense.
                                                                                                 Originally, the SKWS was developed
    anti-submarine warfare, and surface               In order to achieve the best decoy         in cooperation with the Royal Danish
    warfare. Construction of the first LCS            defense on modern naval ships today,       Navy for its corvette and frigate ships.
    began in early February 2005, and the             it is important to evaluate not only the
    Lockheed Martin team will deliver the             parameters of the ship, but also assess
    first ship to the U.S Navy in late 2006.




8   T E R M A U P DAT E . S E P T E M B E R 2 0 0 5
                                                                                                       SCANTER 4100




New Radar System
for Naval Sea and
Air Surveillance




Today’s naval sea and air surveillance       range combined with high resolution      All these aspects form an integral part
systems must provide means to cost-          and high sensitivity.                    of the SCANTER 4100 Radar system
effectively, automatically, and reliably                                              concept. In addition, Terma has been
                                           · High antenna gain and narrow
detect and track surface targets as                                                   successful in keeping a low cost
                                             beam-width in order to obtain
well as targets in the air.                                                           structure which makes the SCANTER
                                             sufficient range coverage, sufficient
                                                                                      4100 well suited to meet the needs
                                             weather penetration and reduced
Recent intensive design and                                                           of surface ships, ranging from patrol
                                             susceptibility to noise.
development has enabled Terma                                                         boats to Ocean Patrol Vessels, frigates,
to offer a complete radar system           · Efficient sea clutter suppression by     and other major surface combatants.
package, the SCANTER 4100, including         means of MTI processing (Moving          Life cycle costs have become a major
high-performance antennas, advanced          Target Indication).                      issue to customers all over the world.
signal processing, and automatic           · Fully automatic operation and ideally    It is well understood and recognized,
target tracking, tailored to cope with       a system coping under all weather        and Terma’s products are known to
the above challenges.                        conditions.                              fulfil the expectations.

The SCANTER 4100 is designed to            · Automatic initiation and tracking
provide optimum performance with             of sea and air targets from 0 NM
respect to both sea and air targets.         to radar horizon, and the supply of
As this has always been a challenge,         accurate plot and track data to a
compromises must be accepted.                Local Area Network for distribution
Basic Radar Requirements                     to bridge displays and command
The requirements to radar systems for        systems consoles.
sea and air surveillance are

· Simultaneous, continuous coverage                             The SCANTER 4100
  from very short to medium and long                            Radar system rack




                                                                                     TERMA UPDATE . SEPTEMBER 2005               9
                                                                                        T-CORE FLEXIBLE SOFTWARE PLATFORM


                                                                                                     Close-up view of the C-Flex consoles




     T-Core: Flexible Software
     Platform for Combat
     Management Systems

     With its generic platform, T-core is               the T-Core system which is based on          and Patrol Ships. The first ship set was
     a fresh approach to software design                a truly reusable system including            delivered and installed in December
     which offers you unseen freedom in                 features like:                               2003, and the system went into
     final design, look and feel of your                                                             operation in the first quarter of 2004.
                                                        · Flexibility
     Combat Management Systems
                                                        · Scalability                                Currently, the Danish Army STINGER-
     (CMS). It is Terma’s fourth generation
                                                        · Reliability                                based air defense system, DALLADS,
     of C4I software, which can provide
                                                        · Modifiability                              is undergoing an upgrade based on
     the base of any CMS.
                                                                                                     T-Core technology.
                                                        · Portability
     The system executes real-time data                 · Security                                   By and large, the T-Core system has
     operations and holds all the basic                 · Affordability                              proven to be a viable contender for
     functions that must be included in                                                              battle management systems in army
     any navy, army or air force system,                Operational Implementations                  vehicles and an excellent tool in
     providing situational awareness,                   T-Core was originally developed for          support of network centric operations
     data communication, and control of                 the Royal Danish Navy’s C41 upgrade          right from the individual soldier to
     weapons, sensors, and other units.                 program of its Standard Flex ships and       battalion tactical headquarters.
                                                        for the new Flexible Support Ships
     The T-core system can be delivered
     as a complete CMS to the end-user
     or as a license to the T-Core Software                                        The new C-Flex C4I
     platform on an OEM basis to build your                                        system installed in the
     own in-country CMS. It enables the                                            HMS “Lommen”
     end-users to rapidly build an open and
     modular system, where subsystems
     may be upgraded independently.

     T-Core features
     Terma’s thorough know-how in
     integrating customized combat
     management systems has led to




10    T E R M A U P DAT E . S E P T E M B E R 2 0 0 5
                                                                                  BROAD SPECTRUM OF EXPERTISE




Naval Competencies
and Experiences
Working with Naval customers            A less known segment is our solutions
requires a broad spectrum of            related to missiles, including missile
expertise. Understanding user           production, missile launch controllers,
requirements and not least              and missile test equipment.
understanding all the technical
                                        The Evolved SeaSparrow Missile
disciplines are vital in order to
                                        (ESSM) is the preferred self-defense
create solutions for today’s navy.
                                        missile within NATO, and Terma
                                        produces prime components for this           Terma has developed the Evolved
The prime solution for Terma is the                                                  Missile Launch Controller that
                                        missile. The Evolved Missile Launch
Combat Management Systems or                                                         provides functionality in the
                                        Controller for the Raytheon MK-56
C4I (Command and Control Systems),                                                   Raytheon MK-56 Evolved Launch
                                        system is developed by Terma and
but in fact the knowledge from C4I                                                   Controller
                                        was one of the first systems to go into
and microwave technology has also
                                        service with ESSM.
enabled Terma to develop and sell our                                                A key enabler for the missile solutions
SCANTER radar system, SKWS Naval        For supporting both ESSM and the             has been the cooperation with Boeing
Decoy system (SKWS: Softkill Weapon     RIM-7 SeaSparrow Missile, Terma has          for the Harpoon Missile Simulator.
System) worldwide.                      developed a fully computerized test          The requirements included harsh
                                        set, providing full test coverage with       environmental requirements and
                                        go/no-go indication and detailed log         internal temperature management
                                        indications in case of error detection.      solution.

                                        SeaSparrow and Harpoon missile
                                        simulators for pre-load of launch
                                        systems on a wide range of platforms




                                                                                  TERMA UPDATE . SEPTEMBER 2005                11
                                                                                                             TERMA IN BRIEF



Financial Highlights                  USD million                      2004/05      2003/04      2002/03     2001/02      2000/01
                                      Sales                                202           183          161         170         151
                                      Sales share abroad                   163           147          134          99           92
                                      Profit for the year before tax         14           12           10          10            7
                                      Equity Capital, year-end               57           53           52          42           40
                                      Assets, total                        167           189          177         156         157
                                      Order intake                         189           145          211         179         173
                                      Order book, year-end                 228           241          279         228         219

                                      Number of full-time employees
                                      – Average for the year              1,034         1,010         945         855         850




We Provide Mission Customized Solutions
Terma develops and markets high-tech solutions, systems,               · Radar surveillance systems
and products for civilian and military applications.
                                                                       · Solutions, services, and products for space applications
Terma A/S is headquartered at Lystrup near Århus,
Denmark. Terma is a 100 percent Danish owned company.                  · Air traffic management systems

                                                                       · IT services.
Terma’s high-tech solutions and products are developed and
designed for use in extreme mission critical environments and          In Denmark, Terma facilities are located at Lystrup, Grenaa,
situations, where human lives and valuable material assets             and Herlev (Copenhagen).
are at stake.
                                                                       Terma’s international locations include Leiden, The
Terma’s business areas cover:                                          Netherlands; Besozzo, Italy; Darmstadt near Frankfurt,
· Aerostructures for aircraft                                          Germany; Washington, DC and Warner Robins, GA, USA.

· Airborne Systems, including                                          Terma A/S was established in 1949. For many years, Terma
                                                                       has worked closely with defense forces, public authorities,
  –   Self-protection systems for aircraft
                                                                       and international organizations around the world. Through
  –   Audio systems solutions
                                                                       these relationships, Terma has gained in-depth knowledge of
  –   Reconnaissance systems for fighter aircraft
                                                                       and insight into our customers’ working environment and an
  –   Electronics manufacturing
                                                                       equally deep understanding of their situations and needs.
· Integrated Systems, including
                                                                       Terma is fully owned by the Thomas B. Thrige Foundation.
  – Self-protection systems for naval vessels
  – Command and control systems for navy,
    army, and air force applications




TERMA UPDATE . SEPTEMBER 2005                 Editor Kasper Rasmussen, kar@terma.com

Terma A/S                       Terma A/S
Hovmarken 4                     Vasekær 12
8520 Lystrup                    2730 Herlev
Denmark                         Denmark
T +45 8743 6000                 T +45 8743 6000
F +45 8743 6001                 F +45 8743 6001
                                                                                                                                      idworks.dk 2090/09.05




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