03 February 2011

Clarkson Freight Fund and Shipping Hedge Fund

The Board of Clarksons, the world's leading integrated shipping services group, announces that it has taken the decision to close the Clarkson Freight Fund and the Clarkson Shipping Hedge Fund with immediate effect. There will be no material impact on the results of the Group.

Going forward, the Board will continue to evaluate opportunities within Fund Management.

Enquiries:

Clarkson PLC 020 7334 0000
Jeff Woyda, Finance Director

Hudson Sandler 020 7796 4133
Charlie Jack/Kate Hough