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This excerpt taken from the EGLE 8-K filed May 10, 2007. No principal repayments until 2012 Low Breakeven Cost Strategy
The Company is anticipating higher crewing costs and higher costs for oil based supplies including lubes and paints. The 20
Strong Balance Sheet 1 Purchase of Shrike, Skua and Kittiwake, and deposit for the 5th Newbuild vessel. 2 Newbuild Costs to be Capitalized eliminating any impact on current cash flows. 3 Net Debt is pro forma after taking into effect 1Q-07 Dividend payment of $20.85 million. 4 Liquidity includes amounts available under the newly enhanced credit commitment This excerpt taken from the EGLE 8-K filed Mar 14, 2007. No principal repayments until 2012 Low Breakeven Cost Strategy
The Company is anticipating higher crewing costs and higher costs for oil based supplies including lubes and paints. The * Estimate Basis Current Fleet of 16 operating vessels 20
Strong Balance Sheet 1 Pro Forma after giving effect to acquisitions, sale of vessel, and equity issuance. 2 Newbuild Costs to be Capitalized eliminating any impact on current cash flows. 3 Net Debt is pro forma after taking into effect 4Q Dividend payment of $18.31 million. 4 Liquidity includes undrawn amounts available under the enhanced credit facility This excerpt taken from the EGLE 8-K filed Feb 16, 2007. No principal repayments until 2012 Low Breakeven Cost Strategy
The Company is anticipating higher crewing costs and higher costs for oil based supplies including lubes and paints. The 19
Strong Balance Sheet 1 Newbuild Costs to be Capitalized eliminating any impact on current cashflows. 2 Net Debt is pro forma after taking into effect 3Q Dividend payment of $18.31 million. 3 Liquidity includes undrawn amounts available under the enhanced credit facility This excerpt taken from the EGLE 8-K filed Nov 14, 2006. No principal repayments until 2012 Low Breakeven Cost Strategy
The Company is anticipating higher crewing costs and higher costs for oil based supplies including lubes and paints. The 19 | EXCERPTS ON THIS PAGE:
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