TMR Techmarine

RNS Number:7586Z
Techmarine International PLC
09 August 2002


9 August, 2002
FOR IMMEDIATE RELEASE



                          TechMarine International plc
                            ("TMI" or the "Company")
                                Admission to AIM


TMI is a profitable and growing player in the technical ship management
marketplace. Its principal area of expertise is in the management of geophysical
vessels shooting seismic surveys for oil and gas exploration companies.

Mr. George Purdie, MD said  "At TMI we bring a new approach to specialised ship
management whereby we offer to share a limited risk with our customers. We are
able to do this because the Directors, and some of the senior staff, have worked
together for over 20 years and have hands-on experience in this industry from
our clients' perspective. In this now highly regulated sector we are fully
compliant and well-placed to meet our clients' growing needs."


Reasons for Admission

The Directors believe that admission to AIM will raise the profile of the
Company in its market and enable it, more easily, to secure new management
contracts.  In addition, following Admission the Company plans to adopt a share
option scheme, which will enable it to offer employee share options to its
staff.



Admission document

Copies of the Company's admission document are available from Nabarro Wells &
Co. Limited, Saddlers House, Gutter Lane, London EC2V 6HS.  If you require any
further information please contact:



George Purdie, Managing Director
TechMarine International plc                  Tel: 01959 526 100

Hugh Oram, Nominated Adviser
Nabarro Wells & Co. Limited                   Tel: 0207 710 7404

John Finn, Broker
J. M. Finn & Co                               Tel 0207 762 9688


Risk Warning

This statement is issued by Nabarro Wells & Co. Limited, regulated by the
Financial Services Authority. This statement has been approved by Nabarro Wells
& Co. Limited, solely for the purposes of section 21 of the Financial Services
and Markets Act 2000.  This statement does not constitute or form part of any
offer or invitation to issue or any solicitation of any offer to subscribe for
shares in TMI in any jurisdiction.  Nabarro Wells & Co. Limited is acting for
TMI in connection with the admission to AIM and will not be responsible to
anyone other than TMI for providing the protections afforded to customers of
Nabarro Wells & Co. Limited.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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