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Long Botham Boats Company Issues Six Month Report

09 April 2001

Hamilton, Bermuda: 9 April 2001 - The Bermuda Stock Exchange (BSX) has received a six-month report from Long Botham Boats Limited.

In the report President and CEO W. Paul King stated that as of December 2000, the Company €˜s net assets stood at $4,170,123, up from $3,658,637 for the same period the year before. Revenues were also up from $2,610,742 to $2,857,625. Net income for the period was $388,699 as compared with the previous year's total of $362,245.

Earnings per share currently stand at $0.78 up from $0.72 in 1999.