Press Releases
PRESS RELEASE: Houston, TX - 15th January, 2007

GRIFFIN OPENS IN CANADA
The Griffin Global Group, the world´s largest global marine and offshore travel specialist, is pleased to announce the opening of its 27th global office in Vancouver - the first location in Canada and the third in North America.

The new office, operating under the name Griffin Marine and Offshore, is located in the distinguished World Trade Centre just steps from the Vancouver Financial District. Vancouver is Canada´s largest and most diversified port, serving as both the North America gateway for Asia-Pacific trade and the home port for the premier Vancouver-Alaska cruise route. Vancouver International Airport is the second largest international passenger gateway on the West Coast of North America served by close to 70 carriers, making it ideal for merchant marine crew and offshore workers who wish to transit to the Pacific.

Under the same ownership as Griffin Americas in the United States, Griffin Marine and Offshore is integrated in real-time with the rest of Griffin's global network. This makes the office uniquely positioned to offer seamless service to both trans-border and multi-national clients. In addition the buying power with airlines in the Canadian market will complement the global power delivered by our wider network of offices.

According to Bob Westendarp, CEO of Griffin Americas, "The introduction of our global service platform in the Canadian marketplace is an exciting development for the Griffin Global Group. This is a continuation of our strategy to offer our clients a Griffin presence wherever they need us to be around the world."

About Griffin Global Group:

• Established in 1977, with first offices in Athens and London
• Global network of twenty-seven offices in seventeen different countries, covering key strategic marine and offshore markets, and operating on a 24/7/365 basis.
• Common ownership model unique in the market - all offices either wholly-owned or Griffin-managed joint ventures - eight shareholders, all full-time employees of the group
• Widest available product range - specially negotiated air fares with over ninety airlines
• Global consolidation of airline bookings through a single reservation system
• Global proprietary technology platform
• Annual global revenues of US$400 million

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