PROSAFE RIGS LIMITED

Company number 03335284

Amendment no 1 to a senior secured reducing revolving credit facility dated 13 january 2003

• Created: 18 June 2003
• Delivered: 7 July 2003
• Status: Outstanding
• Transaction Filed: Registration of a charge (395)

Persons entitled

• Nordea Bank Norge Asa

Amount secured

All monies due or to become due to the banks in respect of the additional amount (including without limitation) an aggregate principal amount of up to thirty million dollars together all sums due to the banks and/or the agent, nordea bank finland PLC, dnb and fortis under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

All the company's rights to the charters. See the mortgage charge document for full details.