New Tanker Delivery

Fisher (James) & Sons PLC 21 February 2005 For release 21 February 2005 NEW TANKER DELIVERY James Fisher & Sons plc, one of the UK's leading marine services providers, announces the delivery of the second of its two new 12,800 dwt tankers, the Clyde Fisher, from the Samho Shipbuilding Company Ltd in Korea. The first ship from Samho, the Cumbrian Fisher, was delivered in December and this week entered service in Milford Haven. In addition, two new 5,000 dwt vessels, the Shannon Fisher and the Solway Fisher are expected to be delivered in late 2005 and mid 2006 respectively. All four vessels have been acquired in the form of ten-year bareboat charters. The average age of James Fisher's fleet is already lower than that of its main competitors but the Company intends to maintain this advantage and build a modern fleet that will maintain market leadership in the UK. Nick Henry, Chief Executive, said: 'This represents another important milestone in our fleet replacement programme, which has been completed in line with the timescale when we announced the orders a year ago.' For further information contact: James Fisher & Sons plc Binns & Co PR Ltd Nick Henry, Chief Executive Paul McManus Tel: 020 7338 5808 Tel: 020 7153 1485 Mob: 07980 541 893 This information is provided by RNS The company news service from the London Stock Exchange END MSCSFFFAASISEFE