MedservRegis Plc

Business and Financial Review • Nov 14, 2012

COMPANY ANNOUNCEMENT

Medserv p.l.c.

Interim Directors' Statement

Date of Announcement 14 November 2012 Reference 66/2012 Listing Rule LR 5.86
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This is a company announcement being made by Medserv p.l.c. ("the Company") in compliance with Listing Rule 5.86: a being by p.l.c. Company

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Performance during the third quarter of the year continued to be depressed with projects which were expected to start during the quarter being postponed to start during the last three months of the year. However substantial maintenance work is now being undertaken on offshore platforms together with support to offshore activities consisting of a number of port calls from oil and gas vessels. The company is also handling equipment and tubulars in preparation for major offshore operations scheduled to commence in the first quarter of 2013. the were expected to last the support number port handling in major operations first quarter 2013. also the construction Limassol oil the licences complianceSigned:

Preparations are also ongoing for the construction of the base in the port of Limassol in Cyprus, to service oil companies exploring offshore Cyprus now that the Government has awarded licences for exploration.

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Signed:

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Louis de Gabriele Company Secretary