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April 29, 2004

Marshal to sell OSV's

Marcon International reports that the U.S. Marshal for the Western District of Louisiana has been ordered to sell five U.S. flag supply and anchor handling supply boats: the 180 ft Seacor Osprey, 191 ft Kodiak Island, 230 ft Gulf Yankee (ex-Seacor Yankee), 198 ft Seacor Rebel and 248 ft Gulf Frontier (ex-Seacor Frontier); their engines, boilers and equipment, etc., at public auction to the highest bidder(s), free and clear of all liens, encumbrances, and pre-existing claims.

Full details, class status, drawings, certificates and photographs, terms & conditions of sale and inspection arrangements are available on request from Marcon International, Inc. of Coupeville, WA or can be downloaded from the internet at www.marcon.com.

These vessels were returned to a leasing company and have not been operated by Seacor for a couple of years.

The sale will be held on the May 12, 2004, at 10:00 AM at the U.S. Federal Courthouse, 800 Lafayette St, Lafayette, LA. Vessels will be offered for sale, first in globo (en-bloc) and then individually.

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