EMAS Offshore Construction (EOCL) ›› Financial

NO.	NAME	NO. OF SHARES	%
1	EZRA HOLDINGS LIMITED	52,480,239	47.3
2	MERRILL LYNCH INTERN a/c mli gef a/c non	10,449,470	9.42
3	ODIN OFFSHORE	6,060,000	5.46
4	fred. olsen production	5,455,000	4.92
5	hygrove investments	4,827,400	4.35
6	MLPF&S NOREWGIAN CUS hold	4,321,500	3.89
7	BANK OF NEW YORK MEL S/A BNY GCM CLIENT A	2,673,174	2.41
8	ODIN MARITIM	2,213,000	1.99
9	euroclear bank s.a./ 25% CLIENTS	2,124,000	1.91
10	NORDEA BANK DENMARK S/A NORDEA (DK) CCA	2,000,000	1.80
11	jp morgan clearing c A/C CUSTOMER SAFE KE	1,761,200	1.59
12	j.p morgan cAZENOVE A/C CLIENT ASSETS	1,162,992	1.05
13	klp lk aksjer	980,000	0.88
14	SKANDINAVISKA ENSKIL A/C FINNISH RESIDENT	751,000	0.68
15	KLAVENESS INVEST AS	750,000	0.68
16	RBC DEXIA INVESTORS S S/A SIG-NON-RESIDENT	658,800	0.59
17	KLP AKSJENORGE C/O JPMORGAN EUROPE	639,500	0.58
18	JP MORGAN CHASE BANK S/A ESCROW ACCOUNT	606,399	0.55
19	ABN AMRO GLOBAL CUST A/C AAGC/CLIENTS ACC	577,000	0.52
20	VPF NORDEA SMB C/O JPMORGAN EUROPE	566,000	0.51
		101,056,674	91.08
	OTHERS	9,897,828	8.92

	TOTAL	110,954,502	100