NCL Hopes to Go Public

Norwegian Caribbean Lines is planning to broaden its investor base as a means of strengthening its capital position. As part of this plan, NCL is offering an estimated $22 million worth of common stock to approximately 10 Norwegian and 10 foreign institutional investors, thereby increasing the number of out-standing share s by one million, to 12,789,588.

According to Chairman of the Board, Mr. Knut Kloster, this offering is expected to lead to a subsequent public offering, and then, listings on stock exchanges in the USA and Norway.

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