| 'TANK CONTAINER PRODUCTION COMMENCES AT NEW FACTORY IN CHINA' |
| The first CIMC prototypes were succcessfully produced at the new factory in December 2001 and underwent the relevant structural ISO tests which were supervised by Lloyds Register inspectors. Dynamic testing of the prototypes also took place at Tergnier Test Station in France during February of this year. |
| Volume production of the proven UBH International tank designs will begin in early 2002 at the purpose-built factory in China. The annual output of the new facility will reach 2500 units within three years, equivalent to around 30% of current world sales of tank containers. |
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