Sea Containers Ltd is a Bermuda registered company with regional offices in London, Rio de Janeiro and Sydney.

Sea Containers Ltd, Sea Containers Services Ltd and Sea Containers Caribbean Ltd filed for Chapter 11 protection in Delaware, USA, on October 15, 2006 in order to achieve a financial restructuring process.

On February 11, 2009 (the “Effective Date”), each of Sea Containers Ltd. (the “Company”), Sea Containers Services Ltd. and Sea Containers Caribbean Inc. announced the effectiveness of their Fourth Amended Joint Plan Pursuant to Chapter 11 of the United States Bankruptcy Code, dated November 23, 2008 (the “Plan”). The Plan was confirmed by an order (the “Confirmation Order”) of the United States Bankruptcy Court for the District of Delaware entered on November 24, 2008.  A copy of the Company’s announcement regarding the Effective Date of the Plan (and certain schemes of arrangement filed pursuant to section 896 of the Companies Act 2006 of England & Wales and section 99 of the Companies Act 1981 of Bermuda) is available by clicking here.

As contemplated by the Plan, the Company anticipates the liquidation or dissolution of the Company’s (and various subsidiaries’) operations following the Effective Date. Holders of the Company’s common shares will not receive any distribution on account of such interests, although such common shares will remain outstanding until the Company is dissolved under Bermuda law.

The Debtors cannot give any guidance on tax matters in relation to the Plan of Reorganisation.  Holders of interests in the Debtors should consult their own tax advisors.  A discussion of certain U.S. federal and other tax considerations relating to the Plan is available in Article VIII of the Disclosure Statement to the Plan dated September 22, 2008, (which discussion is available by clicking here).

Holders of common shares of SeaCo Ltd. can access SeaCo Ltd’s website at www.seacoltd.com

Information regarding the Chapter 11 proceeding and all documents and claims filed in the case may be viewed, printed or downloaded at no cost by going to www.bmcgroup.com/scl