Security and Safety issues…

BGL wishes to inform shareholders that owing to operational and security issues, the salvage vessel is returning to port today with the current salvage programme being suspended. The operational issues relate to rapidly deteriorating weather and the security issues concern the discovery of munitions.

The intention is to return to site as soon as possible in 2018 and to include two further targets if not more

A comprehensive and detailed statement will be made within 7 days.

Philip Reid | Chairman BGL