NEWS RELEASE September 26, 2008 Perry Slingsby Systems step up the mark to ensure quick Turnaround for DOF Subsea Perry Slingsby Systems (PSS), the world-leading provider of remote intervention technologies and equipment, has secured a fast-track contract to supply a new generation Triton® XLX ROV system to DOF Subsea for delivery before the end of the year. This contract comes six months after the offshore survey, IMR, construction support and engineering contractor awarded a multi-million pound contract to PSS to deliver 10 TXLX systems for delivery throughout 2009 and 2010. It brings the total number of PSS systems contracted by the company in the last three years to 22. PSS has committed to deliver the latest 3,000m TXLX 38 mobile system for use across DOF Subsea’s operations by December 2008. John Rhodes, Vice President – Sales at Perry Slingsby Systems Inc, said: “PSS and DOF Subsea have a long standing and successful relationship and we are pleased to be in a position to meet their equipment requirements in such a short timeframe. The contract award recognizes our ability to deliver quality and reliability as well as our capability to offer our customers new and innovative technology.” Eirik Torresson of DOF Subsea said: “We are pleased to have a long standing partnership with PSS. The quality of equipment coupled with our outstanding project teams has enabled DOF Subsea to excel within our market.” Each TXLX is equipped with the all new ICE® (Integrated Controls Engine) real-time control system, proportional tooling systems and advanced survey systems.