31-October-2006

Clippers to sail into Singapore’s Keppel Bay in 2008
Keppel Corporation helms the sponsorship of the Singapore yacht in Clipper 07-08 with Singapore Tourism Board as first race partner

Keppel Corporation today announces its sponsorship of the Singapore yacht, for entry in the Clipper 07-08 Round the World Yacht Race.

The 68-ft yacht will again take on the name, Uniquely Singapore.

Keppel Corporation is the Primary Sponsor of Uniquely Singapore and Host Port Sponsor for the Singapore Stopover in the Race, with the Singapore Tourism Board coming onboard as the first race partner. This is the second consecutive race that both organisations are working closely together in the Clipper Race.

Mr Lim Chee Onn, Executive Chairman of Keppel Corporation said, “The Clipper experience provides Keppel with a global platform on which we are able to share our corporate values with fellow Singaporeans.

“The Uniquely Singapore crew members in the last race have demonstrated clearly their global mindset, passion and courage in overcoming challenges, stretching way beyond their normal limitations and being fully committed to be an effective team member.

“We would wish to strengthen such qualities amongst more Singaporeans. To build on the momentum and spirit thus achieved, Keppel is happy once again to sponsor Uniquely Singapore in one of the world’s most anticipated sailing events.

“We are happy, together with our race partner Singapore Tourism Board, to promote international goodwill and friendship as well as sportsmanship.”

Mr Lim Neo Chian, Deputy Chairman and Chief Executive of the Singapore Tourism Board, said, “We are greatly encouraged to see the true national spirit of organisations like Keppel Corporation taking the helm and continuing to build on showcasing Singapore, its people and traditions to the rest of the world.”

He noted that in their maiden adventure around the world, the Uniquely Singapore Clipper 05-06 crew members began mostly as novices to sailing. But they steadily moved up the leader board, finishing as mature sailors with
a couple of podium victories to their name.

He added, “As our national ambassadors, the Uniquely Singapore crew amply exhibited the Singaporean can-do spirit, tremendous hard work, remarkable determination and perseverance in achieving their goals.

“We are very pleased to support Keppel Corporation and excited at the prospect of the Uniquely Singapore yacht sailing around the world a second time in the Clipper 07-08 Round the World Yacht Race.”

Clipper 07-08 will set sail from Liverpool, United Kingdom, in September 2007. Then in January 2008, the fleet of 10 Clipper 68s each representing a different international city or country will spend 10 days in Singapore where they will be berthed at the spanking new Marina@Keppel Bay.

Sir Robin Knox-Johnston, Chairman of Clipper Ventures Plc, who is currently competing in the single-handed VELUX 5 OCEANS round the world yacht race, said: "The Singapore experience and Asian hospitality left an indelible mark on the minds of those who attended the stopover in the previous race.

“We are delighted to welcome Singapore again as a competitor and an official host port in the Clipper 07-08 and look forward to strengthening and growing the ties we have forged with Keppel and STB for Clipper 07-08.

“This is a strong affirmation of Singapore's commitment to position itself as a global city and increase the city's presence around the world.

“During our stopover in the last race when the fleet was berthed in Keppel Bay, we saw how this southern coast is being dramatically transformed and we are looking forward to bringing the fleet back in 2008. It will contribute to positioning Singapore as a leading boating destination in Asia, attracting a wealth of international yachts and boats to the region.”

The Marina is strategically located across from luxurious waterfront homes, The Caribbean at Keppel Bay and the second phase of the Keppel Bay residential development, designed by world-renowned Freedom Tower architect Mr Daniel Libeskind.

Keppel sponsored two of its employees as Keppel Ambassadors in two separate legs of the Clipper 05-06 race. It is expected that more Keppel Ambassadors will get a chance to immerse themselves in the Clipper experience.

“Clipper and Keppel share the same global outlook and inclusive approach to attracting those who will rise to the challenge to achieve personal and corporate excellence. We want to challenge more Keppelites to grow beyond personal limitations through the Clipper experience,” said Mr Lim Chee Onn.

Crew recruitment efforts led by Clipper Ventures will commence immediately.

Mr Colin de Mowbray, Operations Director, Clipper Ventures Plc: “We have been very impressed with the spirit, teamwork, tenacity and performance of Singaporeans as crew members. The Clipper experience is an open invitation to people from all walks of life, with or without sailing experience, to take on and overcome a once-in-a-lifetime challenge.”

Clipper Ventures will hold its first recruitment talk at Keppel Bay Towers on Thursday, 2 November 2006 at 7 pm. All are welcome.

About Clipper Ventures

Clipper Ventures Plc, the marine sports company founded in 1995 by Sir Robin Knox-Johnston and listed on the AIM market in London, is focused on developing and promoting major events capable of attracting significant participation, income, media coverage and associated sponsorship revenue.

The company operates the Clipper Round the World Yacht Race, the VELUX 5 OCEANS, and Zapcat Racing, the world's largest one-design powerboat series.

In 2006 Clipper Ventures is celebrating ten years of successful ocean racing and Clipper 07-08 will be the sixth round the world yacht race for amateurs operated by the company.

The biennial race, billed as The Ultimate Team Challenge, gives ordinary people the chance to race state of the art ocean racing yachts around the world. Clipper crew come from all walks of life, and receive full training before taking part in the challenge of a lifetime.

For more information log on to www.clipper-ventures.com

For further information, please contact

For Keppel
Teri Liew (Ms)
Senior Manager
Group Corporate Communications
Keppel Corporation Limited
Tel : +65 6413 6425
Mobile: +65 9686 4038
Email : teri.liew@kepcorp.com

For Clipper Ventures
Anna Wardley
Head of Media & PR
Clipper Ventures Plc
Tel: +44 2392 526000
Mobile: +44 7793 417754
Email: awardley@clipper-ventures.com

For Singapore Tourism Board
Ms Priya Narayan
Manager, Leisure and Brand Communications
Singapore Tourism Board
Tel: +65 6831 3530
E-mail: priya_narayan@stb.gov.sg

Thumbs up to yet another successful partnership between Keppel, Clipper and the Singapore Tourism Board

A toast to Singapore's entry in the Clipper Round the World Yacht Race 07/08 - (L-R) Mr Tony Siddique, Keppel Advisor; Mr William Ward, Chief Executive of Clipper Ventures; Ms Wang Look Fung, GM of Keppel Group Corporate Communications; Mr Colin de Mowbray, Operations Director of Clipper Ventures; Mr Ken Low, Assistant Chief Executive of Singapore Tourism Board