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DONJON-SMIT CLIENT RECEIVES FIRST TANK VESSEL RESPONSE PLAN SALVAGE/MARINE FIREFIGHTING UPDATE APPROVAL UNDER NEW REGULATIONS

News Release DONJON-SMIT, LLC July 11, 2011
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<DIV style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">Alexandria,
VA &#8211; A Donjon-SMIT client today received the first Tank Vessel Response Plan
(TVRP) Salvage and Marine Firefighting (SMFF) Update Approval issued by the U.S.
Coast Guard under the new SMFF regulations.<SPAN>&nbsp; </SPAN></SPAN></DIV>
<DIV style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">The
SMFF regulations, effective as of February 22, 2011, required that plan-holders
revise their TVRPs with numerous new salvage and marine firefighting response
procedures to be supported by extensive additional contracted response
resources.<SPAN>&nbsp; </SPAN>The rules also required documentary evidence of
compliance, including an SMFF Contract and Funding Agreement and Vessel Pre-fire
Plans.</SPAN></DIV>
<DIV style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">Donjon-SMIT&#8217;s
innovative approach to SMFF regulatory compliance documentation locates a
substantial segment of the newly required information and documents on the web,
simplifying the TVRP update submission process by minimizing the
paperwork.<SPAN>&nbsp; </SPAN><SPAN>&nbsp;&nbsp;</SPAN></SPAN></DIV>
<DIV style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">&#8220;Our
goal has been to ensure our clients full compliance with every element of the
SMFF regulations.<SPAN>&nbsp; </SPAN>That goal has guided our unique approach to
the specifics of TVRP SMFF documentation requirements,&#8221; said Donjon-SMIT
President Paul Hankins. &#8220;Our system maximizes web-based efficiencies, providing
our clients with an SMFF compliance documentation product that is both
comprehensive and user-friendly.&#8221;<SPAN>&nbsp;
</SPAN><SPAN>&nbsp;</SPAN></SPAN></DIV>
<DIV style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">Throughout
the TVRP update revision and review process, Donjon-SMIT worked in close
cooperation with the U.S. Coast Guard to ensure that all documentation submitted
on behalf of Donjon-SMIT clients would meet U.S. Coast Guard standards and
expectations. </SPAN></DIV>
<DIV style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt" class=MsoNormal><SPAN
style="LINE-HEIGHT: 115%; FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">Interested
tank vessel owners/operators, as well as other parties, should contact
Donjon-SMIT at 1-703/299-0081 or visit www.donjon-smit.com.<SPAN>&nbsp;
</SPAN>If non-tank vessel owners or operators are interested in reviewing the
program, a summary will be provided upon
request.</SPAN></DIV></DIV></BODY></HTML>