Mosvold Jackup Ltd.

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Board of Directors & Management• Roy T. Mosvold (42), Chairman. . Experience from New York and London in shipping, investment andtrading. He serves as Chairman of Mosvold Shipping Ltd., Bermuda. . Mr. Mosvold holds a B.Sc. majorFinance and International business from New York University.• Andreas Ove Ugland (51), Board Member. . Mr. Ugland holds degrees from Newcastle University inEngland and New York University in Economics, Finance and International Trade. He has established a shipmanagement company in the UK which was developed into a major shipping operation culminating in alisting on the London Stock Exchange in 1993. Mr. Ugland has further been Director/Chairman of AndreasUgland & Sons A/S (Grimstad, Norway), Hoegh Ugland Autoliners A/S S (Oslo), B & H Associates Inc(Bermuda). Mr. Ugland currently serves on the Board of New York Stock Exchange listed company NordicAmerican Tanker Shipping Ltd and is Chairman of a number of privatelyately-owned companies in the CaymanIslands (such as Queensgate Bank & Trust Co. Ltd) and the United States and Europe.• Morten Borge (59), Board Member. . Holds a Master Degree in Business Administration from Universityof Mannheim, Germany. He has experience from privately and publicly traded shipping and offshorecompanies. During the last 20 years he has served as managing director of Anglo Eastern ManagementServices Ltd., Hong Kong and Mosvold Shipping AS, Norway and chairman of Dual Drilling Inc., Dallas,Mosvold Shipping Ltd., Bermuda and Ocean Rig ASA, Norway.• Harald Vetnes (66) CTO. Numerous degrees in marine and mechanical engineering. More than n 35 yearsof experience from the offshore oil & gas industry ranging from newbuilding superintendent for semisubmersibles for Fred Olsen & Co in the 70ies, managing director for Norwegian Rig Consultants in the80ies, co-founder and CEO of an engineering company designing drilling rigs s mid-90ies. Last 7 years as anindependent consultant.10
Super M2 – Main features• Design: Friede & Goldman Super M2• 300ft enhanced leg design• Wrap around accommodation(around forward leg) opening formore deck space and more efficientaccommodation facility• Modular hull design• 25,000ft drilling depth• 110 person quarters capacitySource: Friede & Goldman, Pareto Offshore11
Page 3 and 4: Why build a Rolls Royce when a BMW
Page 5 and 6: Middle-East- supply deficit in 2007
Page 7 and 8: India - significant growth forecast
Page 9: Mosvold - an experienced shipping a
Page 13 and 14: Status report• Supervision team i
Page 15 and 16: The yard - Maritime Industrial Serv
Page 17 and 18: MIS has experience with all element
Page 19 and 20: Q3 2006 FinancialsCONCOLIDATED PROF
Page 21 and 22: Shareholder information• Number o

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