Re Contract

ROLLS-ROYCE HOLDINGS PLC - Re Contract

PR Newswire

London, January 7

Rolls-Royce, the global power systems company, today announced that it has wona £26 million order to provide an integrated design, power and propulsion andequipment package for four Rolls-Royce UT 771 CDL offshore supply vessels to bebuilt at COSCO (Zhoushan) Shipyard Co. Ltd, in China for a Hong Kong owner. Thecontract includes options for four additional vessels.

In addition to ship design, Rolls-Royce will deliver an extensive integratedsystems package including: a propulsion system, a power electrical system, abulk handling system, deck machinery, an automation and control system, as wellas a dynamic positioning system that uses satellite technology to automaticallymaintain the vessels' position without anchoring.

This contract is the first time Rolls-Royce has incorporated high speedMTU-engines as part of an integrated power and propulsion package within thesuccessful UT-vessel series.

Anders Almestad, Rolls-Royce, President - Offshore, said: "We are very pleasedthat COSCO have chosen to come back to us with a new customer. This shows thatthey have confidence in our integrated systems and ship design capabilities.

"The fact that we met customer needs with two separate, yet complementaryoffers from Rolls-Royce and MTU highlights the potential of our futurecollaboration."

The four vessels are scheduled for delivery in 2014. At present COSCO grouphave four other UT-vessels under construction at the COSCO Guangdong ship yard.More than 170 ship owners world wide have UT-vessels in their fleet.

Notes to Editors:

1. Rolls-Royce is a world-leading provider of power systems and services foruse on land, at sea and in the air, and has established a strong position inglobal markets - civil aerospace, defence aerospace, marine and energy.

2. As a result of this strategy, Rolls-Royce has a broad customer basecomprising more than 500 airlines, 4,000 corporate and utility aircraft andhelicopter operators, 160 armed forces, more than 4,000 marine customers,including 70 navies, and energy customers in more than 80 countries.

3. Annual underlying revenue was £11.3 billion in 2011, of which more than halfcame from the provision of services. The firm and announced order book stood at£60.1 billion at 30 June 2012, providing visibility of future levels ofactivity.

4. Rolls-Royce employs over 40,000 people in offices, manufacturing and servicefacilities in over 50 countries. Over 11,000 of these employees are engineers.

5. In 2011, Rolls-Royce invested £908 million on research and development, twothirds of which had the objective of further improving the environmentalperformance of its products, in particular reducing emissions.

6. Rolls-Royce supports a global network of 28 University Technology Centres,which connect the company's engineers with the forefront of scientificresearch.

7. The Group has a strong commitment to apprentice and graduate recruitment andto further developing employee skills.

For further information, please contact:

www.Rolls-Royce.com