Drammen April 25th 2008

To whom it may concern.

As a part of the restructuring of Vector Industries, following the merger between Vector Industries and Icarus SA, it has been decided that Vector International BV shall cease its activities and will be liquidated.  This will be effective from July 31st 2008.

The Vector Groups representation in Europe will then be by the three centers of excellence namely:

Piping and valves – combined packages:

Icarus SA
Parc Industrial des Hauts  Sarts, Zone 3
Rue des Alouettes 100
B-4040 Herstal

Tel : +32 4 240 0101
Fax : +32 4 240 06 40

Techlok and Optima connectors :

Vector International
Baglan Industrial Park,
Port Talbot, West Glamorgan SA12 7BY
UK

Tel: +44 (0)1639 822 555
Fax: +44 (0)1639 822 623

Aberdeen office:
Vector International
31 Wellheads Industrial Centre,
Wellheads Cresent,
Dyce,
Aberdeen AB21 7GA
UK

Tel: +44 (0)1224 775 242
Fax: +44 (0)1224 775 243

SPO Compact flanges:

Vector International
C.O. Lunds GT. 24,
PO Box 2176,
NO-3003 Drammen
Norway
Tel: +47 32 20 93 00
Fax: +47 32 81 04 64

Yours sincerely

Svend Skjeggedal
Managing Director
Vector International AS (Norway)