Polish Factory

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" rowspan="2" width=210 BGCOLOR="#9999FF" TEXT="#080000" bgproperties="fixed" background="11e924263.jpg"> <div> <A HREF="http://www.ostroda-yacht.com.pl" TARGET="_top" TITLE="http://www.ostroda-yacht.com.pl"><U><IMG SRC="6cf895f0.png" border=0 width="137" height="95" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></U></A></div> <bR> <div> <A HREF="http://www.ostroda-yacht.com.pl/index2.htm" TARGET="_top" TITLE="http://www.ostroda-yacht.com.pl/index2.h"><U><IMG SRC="6d044320.gif" border=0 width="68" height="50" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></U></A></div> </td> <td valign="top" colspan=2 height=75 BGCOLOR="#99CCFF" TEXT="#080000"> <div> <B> </B><FONT SIZE="2" COLOR="#0000CC" FACE="Times New Roman" ><B>   |   </B></FONT><FONT SIZE="2" COLOR="#0000CC" FACE="Arial" ><A HREF="index.htm" TARGET="_top" TITLE=" "><U>home</U></A></FONT></div> <div> <A HREF="id352.htm" TARGET="_top" TITLE="Archive data"><U><B><IMG SRC="0430e0e0.png" border=0 width="14" height="14" ALT="up" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></U></A><B>  </B><IMG BORDER="0" SRC="1x1.gif" HEIGHT="14" ALIGN="BOTTOM" HSPACE="0" VSPACE="0" WIDTH="14"><B>     </B><A HREF="id203.htm" TARGET="_top" TITLE="Sunsail News"><U><B><IMG SRC="0440e0e0.png" border=0 width="14" height="14" ALT="previous" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></U></A><B>  </B><A HREF="id213.htm" TARGET="_top" TITLE="CarpeDiem video"><U><B><IMG SRC="0450e0e0.png" border=0 width="14" height="14" ALT="next" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></U></A></div> <div> </div> </td> </tr><tr> <td valign="top" height=405 colspan=2 BGCOLOR="#99CCFF" TEXT="#080000" bgproperties="fixed" background="91940403.png"> <div> Polish Factory</div> <bR> <div> Since the 2001 acquisition of Ostrada yachts by Groupe Beneteau, the plant has benefited from major reinvestment and now employes around 250 staff, with expectations that some 2000 craft will be produced next year following a further 3 million euro investment by Jeanneau. In addition to its own products Ostrada build a number of smaller power craft for both Jeanneau and Beneteau. In 2004 it is reported that Ostrada will be constructing a new Jeanneau 8m sailing yacht.</div> <bR> <div> Information from  International Boat Industry August 2003</div> <bR> <bR> <bR> <div> <A HREF="http://www.boating-industry.com/News.asp?mode=4&N_ID=28045" TARGET="_top" TITLE="http://www.boating-industry.com/News.asp"><U><IMG SRC="6ce7c4c0.png" border=0 width="380" height="76" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></U></A></div> <div>                                      </div> <div>                               On the last day of the Paris Boat Show, 14 December 2001, Bénéteau</div> <div>                                      Group signed a deal that gave it overall control of the Polish Ostroda</div> <div>                                      Yachts yard.</div> <bR> <div>                                      The deal gave Bénéteau 57 percent of the Polish yard, based in</div> <div>                                      Ostróda, 160.9 kilometres north of Warsaw.</div> <bR> <div>                                      But while the deal was done by the Bénéteau Group, the daily</div> <div>                                      operation of the yard will be under <I><B>Jeanneau </B></I>control, said</div> <div>                                      communications manager Roland Fardeau.</div> <bR> <div>                                      Wide range of boats</div> <bR> <div>                                      The Polish yard builds a wide range of boats, from a 2.6-metre,</div> <div>                                      two-man rowing dinghy to the 8.95-metre, Sole-engined, Pronav 30</div> <div>                                      motor cruiser, and has been building boats for Jeanneau for about 10</div> <div>                                      years.</div> <bR> <div>                                      "We did some sailboats with Ostroda around seven years ago, but</div> <div>                                      this deal will be only for powerboats," said Fardeau. "We had a very</div> <div>                                      good Paris Boat Show and made record sales of our motorboats."</div> <bR> <div>                                      The yard employs approximately 170 staff, said Fardeau. Some</div> <div>                                      Jeanneau staff will travel to the Polish yard from the French Les</div> <div>                                      Herbiers base, although there will be no permanent Jeanneau staff at</div> <div>                                      the Ostróda plant.</div> <bR> <bR> </td> </tr></table></body>