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New- Build Contracts

31st Oct 2007 16:13

Goldenport Holdings Inc31 October 2007 Goldenport Holdings Inc. Athens, 31st October 2007 New-Build Container Contracts Goldenport Holdings Inc., (LSE:GPRT) ("Goldenport" or the "Company") announcesthat as of today the YZJ Conditional Contracts for the construction of two new-build geared container vessels of 2,500 TEU nominal capacity each, as describedin the circular dated 5th October and approved at the EGM held on 24th October2007, have become unconditional and the initial deposit of US$ 18.7 million hasbeen paid from cash reserves. - ENDS - For further information, please contact Goldenport Holdings Inc. Christos Varsos, Chief Financial Officer +30 210 8910500 John Dragnis, Commercial Director +30 210 8910500 Investment Relations Coordinators: Global: Capital linkNicolas Bornozis +1 212 661 7566 UK: Smithfield:John Kiely / Will Swan: +44 (0)20 7360 4900 Further Information Overview of Goldenport: Goldenport is an international shipping company that owns and operates a fleetof dry bulk and container vessels that transport cargo worldwide. The fleetconsists of eleven dry bulk carriers and eighteen container vessels (excludingthe four new-build bulk carriers, the acquisition of which was approved at theEGM on 24th October). Goldenport is listed on the London Stock Exchange underticker GPRT. This information is provided by RNS The company news service from the London Stock Exchange

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