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Date: 15 Jan 2009

Maxwell Announces the Establishment of MAXWELL MARINE EUROPE

Effective immediately, Mr. Tobi Susan has been appointed Sales and Marketing Director of this exciting new entity.

The Maxwell Marine Europe sales office, located in Schiedam, The Netherlands, will serve the European,and eventually, the Middle Eastern and African markets. In his role as Sales and Marketing Director, Mr. Tobi Susan, who has vast experience in the marine business, will be in charge of Maxwell Marine Europe. Tobi will be appointing local Power and Sail Distributors throughout Europe during 2009.

The Maxwell sales program will be divided in two separate parts: Power and Sail Products, encompassing Maxwell’s full range of windlasses and capstans from the 300 to 3500 series models, plus all anchoring accessories. Superyacht Products, from the 4000 series up to the newly developed SY38 mega yacht windlass. In the first quarter of 2009 Maxwell will launch new catalogues for both Power and Sail and Superyacht product ranges.

Superyacht Product sales are headed directly by Maxwell Marine International Limited in New Zealand, but will be assisted by Maxwell Marine Europe through existing Maxwell Superyacht distributors.

The launch of the Maxwell program in Europe will formally debut at the upcoming Düsseldorf Boat Show from January 17 until January 25, 2009. Visitors are welcome at the Maxwell Marine EMEA stand (10D59).