Copenhagen, 8 February 2010
Announcement No 5/2010

An agreement has been
entered into today concerning the charter of the
passenger ship QUEEN OF
SCANDINAVIA for a three year period from 15 April 2010.
The agreement includes
purchase options and all conditions precedent for the
agreement have been
fulfilled. 

The charter agreement is entered into with Inflot Cruise and
Ferry Ltd.
headquartered in i St. Petersburg, Russia. QUEEN OF SCANDINAVIA is
to be
deployed on a new route between St. Petersburg and Helsinki in Finland.


In connection with the charter agreement, an agreement between DFDS LISCO
and
Inflot Cruise and Ferry Ltd. concerning manning and technical maintenance
of
the ship during the charter period has been established. 

QUEEN OF
SCANDINAVIA was previously deployed on DFDS' route between Bergen
and
Newcastle. After closure of this route in September 2008 the ship has
partly
been deployed as a hotel ship, partly been laid up.