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UM Supporter PSV : MEO’s Thai joint venture, Uniwise Offshore, has taken delivery of the “UM Supporter”, a 2000DWT PSV from POET Shipbuilding & Engineering, in December 2012.

The vessel immediately entered into a 3 year firm contract, plus 2 x 1 year extension options, to provide coil tubing support services to a major O&G company’s activities in Gulf of Thailand. This new contract is a continuation of a long standing relationship with them in the region.

The fully SPS 2008 compliant vessel has total accommodation for 50 persons and 500m2 of clear deck area space. Combined with a service speed of 12 knots with twin 2610bhp main engines, it is also fitted with 2 x 9 tonne bow thrusters and telescopic boom crane. Good capacity for dry bulk & bulk liquids (muds, brine, drill water, fuel, etc) with a dedicated integral tank of 150m3 for cement is also available.

Miclyn Express Offshore Limited (ASX:MIO) (“MIO” or “the Company”) would like to inform the market it has ceased operations in Iran. Recently our last three vessels and crew operating in the region were safely withdrawn. The Company has been considering its position in the region for some time in the face of international sanctions against Iran. It’s been a difficult process for both management and Board members, weighing up the Company’s potential legal and ethical responsibilities under the sanctions against our responsibility to protect to our assets, both vessels and receivables, and most importantly to protect our people operating in Iran and our ability to manage their safe withdrawal. In the end a decision was made to make an immediate, unannounced withdrawal to ensure the safety of the Company’s people and recovery of its vessels.

Unfortunately this decision results in some doubt about the recoverability of receivables and deposits amounting to US$[7.1]m. In light of this we will be making a provision against the full amount, impacting our earnings in the first half of Financial Year 2013. This is a one off adjustment that has occurred as a result of unprecedented circumstances. It does not impact the true underlying value of Miclyn. The Company is confident that the vessels can be promptly redeployed on similar or better returns than they were achieving in Iran.

26 September 2012

Debt Raising, Crew/Utility Vessel Renewal

Miclyn Express Offshore (“MIO” or “the Company”) is pleased to announce that it has recently concluded a US$45 million upsize of its Term Loan Facility. A significant proportion of the proceeds will be used to reduce the balance of the Company’s Revolving Credit Facility, providing flexibility for future investment in fleet expansion. The interest margin for the upsized facility remains at 2.75% + LIBOR.

CEO Diederik de Boer said, “We are very pleased with the outcome of the facility upsize and thank our lenders for their continued support. The proceeds of the upsize provide us with increased capacity for investment and we are seeing a number of opportunities for capital deployment at strong returns. MIO remains committed to maintaining prudent gearing levels”.

In line with its fleet renewal strategy, MIO has entered into an agreement to sell 6 Crew/Utility Vessels to a Mexican counterparty and acquire 3 new Crew/Utility Vessels from a Singaporean shipyard. The average age of the 6 vessels being disposed is over 25 years and the gain on disposal of US$1.2 million will be realised in Financial Year 2013. The 3 new vessels will be injected into Uniwise Offshore, MIO’s Thai Joint Venture, in the second half of Financial Year 2013 as part of the Chevron fleet plan announced on 10 May 2012.

About MIO Miclyn Express Offshore is a leading provider of service vessels to the expanding offshore oil and gas industry, across South-East Asia, Australia and the Middle East. The Group charters a diverse range of OSVs, Crew/Utility Vessels, Tugs, Barges and Coastal Survey Vessels to a wide range of customers operating across all phases of the offshore oil and gas cycle, namely exploration, development and production, as well as project transportation and the offshore civil construction industry. The Group operates a vertically integrated business model through its vessel chartering and shipyard businesses. The shipyard provides in-house vessel newbuilding, conversion, repair and maintenance services, as well as third party vessel conversion, repair and maintenance services when spare capacity exists.

For further enquiries, please contact:

Adam Clayton GM, Corporate Finance & Investor Relations

Miclyn Express Offshore

Tel: +65 6829 6122

Mob: +65 8298 5155

MEO Management attended the keel laying ceremony of the first of a new series of 2000t dwt PSVs at their Batam based PT Loh & Loh shipyard. MEO initially ordered two vessels of the same design, with the potential to build more in the series at a later date.

MEO has chosen to build these high spec vessels to fill the gap in the aging and under invested sub category of the PSV market. Focal Marine has been selected as designers for this project and has worked closely with MEO to develop a vessel which is highly versatile to match a diverse market.

The vessels will use a full Niigata package for propulsion including azimuth drives for main propulsion, which combined with two 10t tunnel thrusters, will provide a very solid DP footprint for the vessels when operating in ROV support functions. To fully benefit from the opportunities provided by a strong DP configuration, the vessel is also SPS 2008 compliant with a total accommodation for 60 persons and 500m2 of clear deck area space.  Good capacity for dry bulk & bulk liquids (muds, brine, drill water, fuel, etc) with a dedicated integral tank of 80m3 for methanol is also available.

3 August 2012

Australian Contract Wins, OSV Acquisition

Miclyn Express Offshore (“MIO”) is pleased to announce that its Australian business, Samson Express Offshore (“Samson”), has been awarded contracts for three vessels by Saipem Leighton Consortium (“SLC”) to support construction activities at a LNG terminal development project in North-West Australia. Samson VI and Samson VII (Multicats) and Cape Mac (ASD Tug, bareboat chartered from a Third Party) will commence operation in July/August 2012 for a duration of 1 year firm, plus an option to extend for 183 days. The aggregate firm value of the three new contracts is A$24m.

CEO Diederik de Boer said, “we now have a broad range of Australian compliant vessels working on the North-West Shelf and we are delighted to extend our high quality service offering to SLC, a major player in the region. These contracts will assist in maintaining our strong levels of utilisation in the Tug fleet leading into Financial Year 2013 as well as support future earnings in our Third Party Vessel segment”.

MEO is also pleased to announce the acquisition a new 70 meter, 150 man Accommodation/Multipurpose Support Vessel to be renamed MEO Galaxy. The vessel will initially work on a medium term project in Malaysia and is targeted for a number of long term contract opportunities shaping up in the region in this promising niche segment.

About MIO Miclyn Express Offshore is a leading provider of service vessels to the expanding offshore oil and gas industry, across South-East Asia, Australia and the Middle East. The Group charters a diverse range of OSVs, Crew/Utility Vessels, Tugs, Barges and Coastal Survey Vessels to a wide range of customers operating across all phases of the offshore oil and gas cycle, namely exploration, development and production, as well as project transportation and the offshore civil construction industry. The Group operates a vertically integrated business model through its vessel chartering and shipyard businesses. The shipyard provides in-house vessel newbuilding, conversion, repair and maintenance services, as well as third party vessel conversion, repair and maintenance services when spare capacity exists.

For further enquiries, please contact:

Adam Clayton GM, Corporate Finance & Investor Relations

Miclyn Express Offshore

Tel: +65 6829 6122

Mob: +65 8298 5155

Results of Year Ended June 2012

11 June 2012

Contract Announcements

Miclyn Express Offshore (“MIO”) is pleased to announce that through its Thai Joint Venture, Uniwise Offshore, it has been awarded a 3 year firm contract, plus 2 x 1 year extension options, to provide coil tubing marine support services to Chevron`s production activities in the Gulf of Thailand. Uniwise Offshore will purchase a Platform Supply Vessel (“PSV”), currently under construction in a Chinese Shipyard, to fulfil the service requirements. The vessel will commence operation in October 2012. The new contract is a continuation of a long standing relationship with Chevron in the region.

CEO Diederik de Boer said, “This new vessel represents our sixth Offshore Service Vessel (“OSV”) servicing Chevron in the Gulf of Thailand. We have been able to leverage off our strong operating track record in Crew/Utility Vessels to further increase our exposure to Chevron’s OSV operations. We look forward to further developing our relationship with Chevron and continuing to service them with operational excellence”.

In addition, MIO is pleased to announce that it has secured a 2 year firm contract with PT Seascape Surveys Indonesia for the charter of its subsea support vessel Miclyn Endeavour. The vessel will be supporting subsea, survey, inspection and repair activities. The combined firm value of the two new contracts is US$23.8 million. MIO would also like to disclose that Miclyn Grace and Miclyn Grand have been withdrawn from their contracts with Saudi Aramco (announced 29 November 2011) due to issues surrounding technical suitability for their intended application. MIO is however pleased to announce that the Miclyn Grace and Miclyn Grand have been redeployed into Qatar for a 3 year firm charter, plus 2 x 1 year extension options, with HBK Power Cleaning in support of their offshore platform maintenance services in the region. The profitability of the vessels is largely unchanged under the new contracts, although some downtime was sustained as a result of the redeployment.

CEO Diederik de Boer said “The withdrawal was indeed a disappointment but MIO remains dedicated to continuing its exceptional service to Saudi Aramco for existing vessels under charter in Saudi Arabia and will pursue further expansion opportunities with this important customer. Through our extensive commercial network in the Middle East we were able to redeploy the vessels into Qatar, a region with significant growth potential, in part due to our relatively low exposure. The redeployment of these vessels has not changed our expectation that Financial Year 2012 EBITDA will be up 20-25% on Financial Year 2011”.

About MIO Miclyn Express Offshore is a leading provider of service vessels to the expanding offshore oil and gas industry, across South-East Asia, Australia and the Middle East. The Group charters a diverse range of OSVs, Crew/Utility Vessels, Tugs, Barges and Coastal Survey Vessels to a wide range of customers operating across all phases of the offshore oil and gas cycle, namely exploration, development and production, as well as project transportation and the offshore civil construction industry. The Group operates a vertically integrated business model through its vessel chartering and shipyard businesses. The shipyard provides in-house vessel newbuilding, conversion, repair and maintenance services, as well as third party vessel conversion, repair and maintenance services when spare capacity exists.

For further enquiries, please contact:

Adam Clayton GM, Corporate Finance & Investor Relations

Miclyn Express Offshore

Tel: +65 6829 6122

Mob: +65 8298 5155

1 June 2012

US$23.4m Secured Credit Facility

Miclyn Express Offshore Limited (“Miclyn”) (ASX : MIO) is pleased to announce that it has concluded a financing agreement with GE Capital for secured credit facilities of US$23.4m to be used to refinance the existing credit facility for Samson Maritime Holdings Pty Ltd, acquired fully by Miclyn in December 2011. The refinancing was completed in conjunction with a restructuring of the Samson Maritime Group, reducing the cost base of the newly acquired business.

Miclyn’s Chief Executive Officer Diederik de Boer said “GE Capital understands our business priorities and is able to provide financing to support the ongoing growth of Miclyn. A strong working relationship has been developed which has facilitated deal closure and will be invaluable in the future. We look forward to a successful partnership ahead as we continue to grow and expand our fleet of vessels”. GE Capital is one of the world’s largest providers of credit. For over one million businesses, large and small, GE Capital provides financing to purchase, lease and distribute equipment, as well as capital for corporate acquisitions, refinancings and restructurings. Christophe Cerisier, GE Capital’s Managing Director for Structured Finance, said “We’re delighted with this new partnership with Miclyn. The company is a valued client and as a leader in the marine service vessel industry, Miclyn has grown significantly by providing the highest quality fleet of vessels and services to oil and gas customers in Asia Pacific and the Middle East. By providing clients like Miclyn with structured financing solutions, GE Capital is able to address the unique financing needs of Asia-headquartered multinational corporations”.

About MIO Miclyn Express Offshore is a leading provider of service vessels to the expanding offshore oil and gas industry, across South-East Asia, Australia and the Middle East. The Group charters a diverse range of OSVs, Crew/Utility Vessels, Tugs, Barges and Coastal Survey Vessels to a wide range of customers operating across all phases of the offshore oil and gas cycle, namely exploration, development and production, as well as project transportation and the offshore civil construction industry. The Group operates a vertically integrated business model through its vessel chartering and shipyard businesses. The shipyard provides in-house vessel newbuilding, conversion, repair and maintenance services, as well as third party vessel conversion, repair and maintenance services when spare capacity exists.

10 May 2012

US$130m Contract Award from Chevron, CEO Employment Contract Renewal

Miclyn Express Offshore (“MIO”) is pleased to announce that it has been awarded a 5 year contract worth approximately US$130 million for 21 Crew/Utility Vessels to service Chevron`s production logistics in the Gulf of Thailand. The new contract is a continuation of a long standing relationship between MIO and Chevron in the region, under which MIO provides all of Chevron Thailand’s Crew/Utility Vessel requirements and a number of larger Offshore Support Vessels. The contract will be executed jointly by MIO and its Thai Joint Venture, Uniwise Offshore.

CEO Diederik de Boer said “MIO is proud to be a provider of choice to Chevron’s SouthEast Asian operations. As Chevron has grown in the region, MIO has been able to expand its service offering through continued operational excellence, safety performance and investment in the region. We look forward to continuing this growth and further developing this mutually beneficial relationship. This is a landmark deal for MIO and provides us with a strong earnings base for the next several years”.

MIO is also pleased to announce that CEO Diederik De Boer has renewed his employment contract for an additional 2 years. Chairman Neil Hamilton said “we are delighted that Diederik has committed to extend his employment contract, providing stability in the leadership of MIO going forward. Diederik’s dedication and passion for the business has been the driving force behind its success. The Board looks forward to working with Diederik in continuing to deliver value to our shareholders.” “We still expect Financial Year 2012 EBITDA to be up 20-25% on Financial Year 2011” said Mr Hamilton. About MIO Miclyn Express Offshore is a leading provider of service vessels to the expanding offshore oil and gas industry, across South-East Asia, Australia and the Middle East. The Group charters a diverse range of OSVs, Crew/Utility Vessels, Tugs, Barges and Coastal Survey Vessels to a wide range of customers operating across all phases of the offshore oil and gas cycle, namely exploration, development and production, as well as project transportation and the offshore civil construction industry. The Group operates a vertically integrated business model through its vessel chartering and shipyard businesses. The shipyard provides in-house vessel newbuilding, conversion, repair and maintenance services, as well as third party vessel conversion, repair and maintenance services when spare capacity exists.