HIGHLIGHTS

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HIGHLIGHTS

• 2000 LHC buys Ugland International Holdings plc's
  50 share in HUAL.
• Three large, flexible PCTC vessels were
  delivered.
• Höegh Galleon being rebuilt for 17 years - T/C to
  Enron.
• Sale of two older liner vessels.
• Two vessels chartered out for 2-3 years.
• LHC acquires Safmarines 50 share in Unicool
  Ltd.
• Sale of three reefer vessels.
• Additional new share capital of NOK 450
  million.
• Sale of Teekay shares in the amount of USD 60
  million.
• Repurchase of 10 of own shares.
• 2001 Sale of Cool Carriers AB.

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STATEMENTS OF INCOME
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BALANCE SHEETS
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OPERATING PROFIT PER SEGMENT
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CASHFLOW
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DEBT/CASH DEVELOPMENT
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RESULT PER SHARE
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CASHFLOW PER SHARE
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GOING FORWARD

• Grow HUAL in both deep sea and short sea.
• HUAL integration.
• Grow in LNG.
• Future of open hatch.
• Consolidation in reefers.
• Share price.