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|  Asia Pacific No.1

Fund Name Asia Pacific No.1 Ship Investment Company
Fund Type Limited (paper) company listed in the Korea Stock Exchange
Investment Target Very Large Crude Oil Carrier (VLCC)
Ship Seller A. P. Moller
Ship Owner (Buyer) KSF 1 International S.A., Panama
Ship Operating
  Company (Charterer)
Hyundai Merchant Marine Co., Ltd.
Ship Investment
  Management Company
Korea Ship Finance Co., Ltd.
Custody Company Hana Bank
Equity Sales Agent Samsung Securities Co., Ltd.