Polarcus registers on the Norwegian OTC list

Polarcus Limited is pleased to announce that, effective today, the Company's shares are registered on the Norwegian OTC list ("NOTC List") and are traded under the symbol PLCS.


The OTC registration has been established to provide a marketplace for the Polarcus shares and thereby facilitate trading in the shares.


Polarcus Limited will use the notification system of NOTC to distribute relevant information from the 8 July 2008 in addition to Polarcus' homepage (www.polarcus.com).


The NOTC List is administered by the Norwegian Securities Dealers Association (www.nfmf.no).


About Polarcus


Polarcus is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from pole to pole. Polarcus is launching an ultra-modern fleet of initially 6 advanced seismic vessels designed by Norway's Ulstein Design AS incorporating the innovative ULSTEIN X-BOW® hull. The vessels are being built in Dubai, UAE, by Drydocks World – Dubai LLC, with the first vessels becoming operational in 2009..