TIDMTHAL

RNS Number : 8323K

Thalassa Holdings Limited

30 June 2014

30 June 2014

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL:LN)

("Thalassa")

Appointment of Director to GO Science

Further to the announcement of 10 April 2014, the Board is pleased to announce the appointment of David Grant as a director and Chief Executive Officer of GO Science 2013 Ltd, Thalassa's autonomous underwater vehicle ("AUV") subsidiary.

Mr Grant has over 30 years experience in the underwater vehicle (both remotely operated vehicles ("ROVs") and AUV sector). His most recent previous position was, from 2007 until 2012, Managing Director of Saab Seaeye Ltd. Saab Seaeye Ltd is a leading manufacturer of electric powered ROV and AUV systems for a wide range of professional applications. Mr Grant previously held positions with SMD Ltd, Hydrovision Ltd and Osprey Electronics (which has since been acquired by Kongsberg).

Thalassa's Chairman, Duncan Soukup commented:

"Dave has been consulting for GO Science since April 2014 and I am delighted that he has agreed to take on the CEO role. I am also delighted to welcome Dave to the board of GO Science. Dave's extensive experience in the AUV and ROV sector has already proved invaluable."

Contacts:

Thalassa Holdings Ltd:

   Duncan Soukup, Executive Chairman                                   +33 (0)6 78 63 26 89

WH Ireland Limited (Nominated adviser):

   Chris Fielding, Head of Corporate Finance                                    020 7220 1650

www.thalassaholdingsltd.com

Notes to Editor:

Thalassa Holdings Ltd, incorporated and registered in the BVI and quoted on AIM, is a holding company with subsidiaries in the Energy Services and Defence and Homeland Security Industries, with a focus on marine seismic operations.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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