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List Of Persons Occupying Managerial Positions Who Are Relatives Of A Director Or Chief Executive Officer Or Substantial Shareholder

BackFeb 26, 2003

The Listings Manager
Singapore Exchange Limited
2 Shenton Way
#19-00 SGX Centre
Singapore 068804


Dear Sir

SAMUDERA SHIPPING LINE LTD - "the Company"
LIST OF PERSONS OCCUPYING MANAGERIAL POSITIONS WHO ARE RELATIVES OF A DIRECTOR OR CHIEF EXECUTIVE OFFICER OR SUBSTANTIAL SHAREHOLDER

Pursuant to Rule 704 (11) of the Listing Manual, we confirm that no person occupying managerial positions in the Company or any of its principal subsidiaries during the financial year ended 31 December 2002 is related to a director or chief executive officer or substantial shareholder of the Company.


BY ORDER OF THE BOARD