PALMA DE MALLORCA, Spain – September 2, 2004 – Following the recent completion of negotiations, Apollo Ship 

Chandlers, Inc., is pleased to announce that the company has been awarded the contract to provide hotel services to Island Cruises, onboard the MV Island Escape.

Apollo has established a new affiliate company, Island Ship Services Limited (ISSL) for this purpose, and ISSL will be

providing food, beverage, and hotel services, as well as pursers / front desk on the Island Escape effective November 2,

2004.

The 1750 passenger Island Escape is an extremely popular ship serving two distinct markets – an eight-month

Mediterranean season based in Palma de Mallorca carrying British passengers, and a four-month Brazilian season based in Santos, Brazil carrying Brazilian passengers.

Commenting on the new contract, Apollo president Rafael A. Ordoñez said: “We are very excited to continue our growth by entering into this contract with Island Cruises, and we look forward to a long and successful relationship between our companies.” He continued “The fact that Island Cruises is a joint venture between Royal Caribbean Cruises Limited and First Choice Holidays further strengthens the relationship between Apollo and the RCCL group.”

The Island Escape will become the 14^th ship currently served by an Apollo affiliate, joining the ships of Celebrity Cruises, Oceania Cruises, TMR (prominent French tour operator), and Discovery Cruises.

For more information, contact Stewart Mandy, Manager, Corporate Communications, stewart@apolloships.com or visit

www.apolloships.com.