Chennai, 12 July 2007:

72 hours after the tragic loss of Samudrika 10 off Bombay High, the Coast Guard rescuers have recovered 4 bodies near the site. The bodies have been identified and are:

• Rajveer Singh, Bosun: recovered on 11 July.
• Vivek Kumar, Seaman: recoverd on 12 July.
• Sukanta Banerjee, Cook: recovered on 12 July.
• Shivmohan Tripathi, Oiler: recovered on 12 July.

Family members and next of kin of the deceased have been informed and necessary arrangements for the bodies to reach their families have been made. The family members of the deceased would receive compensation as per their insurance cover and this amount would be matched by an equal contribution by from Sical. Sical will offer employment to the next of kin of the deceased and will offer long term support to families who have lost their sole breadwinner.

Search and rescue operations to find the still missing 4 crew are on in full swing. Nine of the crew were rescued and brought back to Mumbai by ONGC on Monday 9 July. Immediate ex gratia was provided to all rescued crew by ONGC. After the medical treatment carried out at the Helibase, Sical has taken charge of the rescued crew. Sical is extending its full corporation to ONGC and the rescue team. Sical is also physically and financially assisting the family members of the crew who have survived and those who have unfortunately lost their lives.

Samudrika 10 had sailed out of Nhava Supply base of ONGC on 6 July 2007. It was on standby mode when it took water around 0100 hrs on 9 July. At 1235 hrs, the vessel started sinking by stern. The vessel received several heavy swells as a result of which it went down by stern and could not come back to normal position because of the unexpected shifting of heavy cargo and aggravated weather conditions.

It has been a tragic loss of four of the employees who put in their best in inclement weather of the Bombay High that day. While the loss to the families would be irreparable, the company will work to ensure that due compensation reaches the next of kin at the earliest.

Media Contact:

Richa Tilokani
Sical Logistics Ltd
Phone No: +91.44.22350061
richa@sical.com

Samantha Unnikrishnan
Ogilvy PR Worldwide
Phone No: +91.9840284080
Samantha.unnikrishnan@ogilvy.com