| News |
May 2008 |
| 02-05-2008 | : | WPCE FRAME
The WPCE Frame design is a storage and transportation unit for storage of PCE and other equipment.

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| 02-05-2008 | : | GREASE INJECTION UNIT AND WELL CONTROL PANEL
The Eleven Reels Grease Injection Unit was the latest design customized for a customer.

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March 2008 |
| 14-03-2008 | : | ASEP INCREASE RENTAL FLEET IN FSU
Due to the rapid growth in wells being worked over, and newly drilled wells with increasingly complex down hole

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| 14-03-2008 | : | ASEP GOES HELI-PORTABLE
With the winter roads soon melting away in Siberia, experience tells us that there will be demand for units capable of being transported to the oil fields by means of helicopters.

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| 14-03-2008 | : | ASEP ON KAMAZ
A large number of our clients in the FSU have requested us to deliver our units on Russian build Kamaz chassis.

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| 07-03-2008 | : | HYDRAULIC QUAD RAM CT BOP
The Hydraulic Quad Ram Coiled Tubing BOP is a hydraulic compact valve construction; designed specifically to be used for Coiled Tubing operations.

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| 07-03-2008 | : | PCE ON THE GO
We are proud to share some of our products which have left our facility for delivery.

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February 2008 |
| 22-02-2008 | : | WORLD TOUR CoilTruck BEGINS ITS JOURNEY
After a winter break and brush-up the CoilTruck emerges from its home; , following on from the successful field trials last November.

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| 22-02-2008 | : | CT and P SERVICE AND SPARES KICKS OFF
ASEP CT&P has placed its first technician offshore, supporting a Persian Gulf coiled tubing customer.

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| 22-02-2008 | : | COMMISSIONING AND SHAKEDOWN
Last month we reported the sale of a CT Onshore 2, complete with QuadHead injector, to a client in China.

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| 15-02-2008 | : | NEW CONTOURED SKIRTS
The ever popular UniTruck now has a new look and feel thanks to its smart new wheel arches.

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| 15-02-2008 | : | TESTING, TESTING...
Accurate measuring systems are at the heart of every ASEP unit, as without them operators would have no eyes in the well and the results could be catastrophic!

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| 15-02-2008 | : | IN THE RAW
Whilst a quick trip around the shop often is a display of highly polished finished units, these photographs clearly show every unit has to be painstaking built up from the raw shell.

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| 15-02-2008 | : | GENTLY DOES IT!
Once every new ASEP unit is finished in the bright livery of a particular customer, the paintwork is meticulously cleaned and the decals are applied with loving care.

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| 08-02-2008 | : | KEA RATED
The year 2007 has passed, KEA has been collecting client feedback for the past 4 years by distributing Customer Feedback Forms.

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| 08-02-2008 | : | WELLHEAD PRESSURE CONTROL EQUIPMENT
The KEA skids are designed as storage and transportation units for Stuffing Boxes, Lubricators, BOPs, Wireline Tools and other equipments.

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| 08-02-2008 | : | PRESSURE CONTROL MANIFOLD
The Pressure Control Manifold is designed to evaluate high pressure test with working pressure ranges from 5,000 to 30,000 psi.

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| 01-02-2008 | : | SmartOffice ANALYSIS
With the release of the new SmartOffice package customers are now able to check the performance of their units especially when the unit is equipped with a CAN bus system.

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| 01-02-2008 | : | COILED TUBING SOFTWARE
For all ASEP CoilTruck units a new electronic information and logging system has been developed, utilising two SmartMonitors working in master / slave format.

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| 01-02-2008 | : | COMING SOON
In the coming months

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January 2008 |
| 25-01-2008 | : | WORLD TOUR CoilTruck TAKES SHAPE
The CoilTruck stock-build programme is progressing well at the Groot-Ammers Coiled Tubing & Pumping headquarters.

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| 25-01-2008 | : | ASEP COILED TUBING AND PUMPING EXPANDS
In ASEP Coiled Tubing & Pumping‘s approved budget for 2008, over 20 coiled tubing and pumping units will be constructed,

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| 25-01-2008 | : | CT ONSHORE 2 SALE TO CHINA
ASEP Coiled Tubing & Pumping (CT&P) are delighted to announce the sale of a CT Onshore 2 complete with QuadHead injector to a new client in China.

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| 25-01-2008 | : | ASEP COOPERATES WITH SHENGLI HIGHLAND
Mr Han Jingshan, Vice President of the Shengli Highland company, is pictured with ASEP Group President, Mr Sietse Koopmans.

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| 18-01-2008 | : | CARING FOR YOUR TOOL - ASEP Airbag Systems
With high commodity prices, the oil and gas sector is experiencing unprecedented growth and activity in the valuable well intervention and logging markets.

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| 18-01-2008 | : | ATTENTION TO DETAIL - The ASEP Difference
Every ASEP unit requires many thousands of individual components and hours of painstaking design and

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| 18-01-2008 | : | THE HEART OF THE MATTER
ASEP modular units require ultimate power to lower and retrieve specialist wire and cables many thousands of feet into the wellbore.

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December 2007 |
| 21-12-2007 | : | REMOTE RIG UP CONTROL
There are tremendous benefits from a HSE perspective in being able to control a wireline unit in close proximity to the well head area.

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| 21-12-2007 | : | ASEP EXPANDS ITS GLOBAL RENTAL FLEET
As part of our continuing plan for the extension of our rental fleet ASEP has increased its fleet with the deployment of the following equipment early 2008.

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| 21-12-2007 | : | ASEP USA PRODUCTION FACILITY
Our Houston factory manufactures 3 of the products within the ASEP standard product range.

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November 2007 |
| 30-11-2007 | : | Full electric wireline units for Aker Kvaerner Well Intervention Academy
In November Aker Kværner Well Service AS visited ASEP in the Netherlands and brought with them some of their major customers.

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| 30-11-2007 | : | ASEP Expands into Central and South America
To support ASEP’s continuing growth, we are pleased to welcome on board Mr Marcos Salazar, who takes on the position of ASEP Region Manager of South and Central America.

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| 30-11-2007 | : | ASEP units on display during Seawell opening
Seawell, formerly Seadrill Well Services Divsion, have opened their new facility in Stavanger, Norway, in style.

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October 2007 |
| 31-10-2007 | : | ASEP AT LAGCOE LOUISIANA 2007
ASEP once again exhibited at the Louisiana Gulf Coast Oil Exposition (LAGCOE) in Lafayette between the 23rd and 25th of October 2007.

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| 31-10-2007 | : | FOCUS ON SOLUTIONS
The nature of human problem solving methods has been studied by psychologists over the past hundred years.

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| 31-10-2007 | : | ASEP WIRELINE MASTS
Many well sites have limited lifting capability to aid complex well servicing operations.

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September 2007 |
| 26-09-2007 | : | Offshore Europe 2007
ASEP UK hosted the traditional, and again highly successful, Open House throughout Offshore Europe 2007.

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| 26-09-2007 | : | CNLC Display ASEP Unit
During the Technology & Applications Conference and Exhibition 2007

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July 2007 |
| 31-07-2007 | : | ASEP FE AND KEA - A WINNING PARTNERSHIP
When ASEP acquired the Singapore based KEA organisation in 2006 a unique partnership was created.

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| 31-07-2007 | : | OPEN HOUSE DURING OE2007
Continuing the tradition, ASEP UK will be open for business and visitors even during Offshore Europe 2007 from 4th to 7th September.

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| 07-07-2007 | : | NEW K-WINCH BROCHURES OUT NOW!
As of today the new ASEP K-WINCH product brochures can be downloaded from the products section of ths website.......

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| 07-07-2007 | : | THE ROAD TO MOSCOW...
The total distance travelled by the CoilTruck from Groot-Ammers - via Amsterdam and Helsinki - to Moscow is an impressing 3252.644 km (2021.099 miles).

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June 2007 |
| 30-06-2007 | : | SPOTLIGHT ON ASEP MIDDLE EAST
ASEP has regional offices strategically placed around the globe, ASEP ME is one of those and is based in Jebel Ali, Dubai in the United Arab Emirates.

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| 30-06-2007 | : | NEED A FACE LIFT?
Are your units looking tired and run down? Then it makes sound economic sense to give them a face lift and extend their operational life by years.

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| 30-06-2007 | : | ASEP'S UNIQUE CoilTruck DEBUT AT MIOGE 2007
The newest member of the ASEP K-COIL familiy, the ground-breaking CoilTruck, stopped the crowds in their tracks during the MIOGE oil show in Moscow.

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May 2007 |
| 31-05-2007 | : | ASEP HOST LABUAN ROAD SHOW
In order to further promote ASEP technology in Central South East Asia the ASEP team hosted a road show/training session for clients on the Malaysian island of Labuan.

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| 31-05-2007 | : | MIOGE 2007
Thus still some time away we are pleased to announce that ASEP will bring some very exciting technology to this years MIOGE exhibition, June 26-29, in Moscow.

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| 31-05-2007 | : | SENIOR MANAGEMENT TRANSFER
As of June 1st 2007 Darren Reeder, Executive Vice President of ASEP Holding B.V. will relocate to Singapore.

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April 2007 |
| 30-04-2007 | : | ASEP EXHIBIT AT OFFSHORE TECHNOLOGY CONFERENCE
During the Offshore Technology Conference in Houston from 30 April - 3 May, you will be able to enjoy the sight and feel of the tough, reliable and uncompromising UniTruck from ASEP.

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| 30-04-2007 | : | ASEP STAND NO. 5163 @ OTC
In addition to the UniTruck wireline unit as mentioned elsewhere, ASEP has a major display of wireline and coiled tubing (CT) equipment at this year’s OTC in Houston.

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| 30-04-2007 | : | THOUGHTS ON DESIGN
“Great design isn’t just what looks cool, it’s a calculated and balanced blend of form and function that serves a specific purpose.

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| 30-04-2007 | : | SMITH SERVICES TAKE DELIVERY OF K-WINCH UniTruck UNIT
Smith Services a Houston based wireline Company have taken delivery of their first UniTruck cased hole wireline truck.

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March 2007 |
| 28-03-2007 | : | MultiLine - THE VERSATILE, UNCOMPROMISING SOLUTION
Today’s soaring demand for fossil fuels, combined with increasingly stringent environmental regulations and the high costs of bringing new production fields online, mean that reserves need almost constant monitoring and every production interruption must be eliminated without any delay.

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| 28-03-2007 | : | ASEP EUROPE / AFRICA REGION RENTAL NEWS
As ASEP continues to service new markets and increases regional growth, our rental market has expanded.

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| 28-03-2007 | : | THOUGHTS ON DESIGN
“When I am working on a problem I never think about beauty.

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| 28-03-2007 | : | PERSONNEL NEWS
As part of our continued commitment towards our regional strategy, ASEP are delighted to announce the transfer of Paul Grant to ASEP UK.

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| 05-03-2007 | : | REDESIGNED ASEP 70FT STEEL WIRELINE MAST IDEAL FOR NORTH SEA CONDITIONS
The standard light weight concept of the ASEP SkyFold has been re-designed to provide anti crash protection during transport that complies with the Code for Lifting Appliances in a Marine Environment.

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| 05-03-2007 | : | ANNOUNCEMENT
Friday February 16th the founder of Aggreko and Aggreko Special Equipment Productions (ASEP), the father of our President, Mr Luitzen Bouwe Koopmans passed away.

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| 05-03-2007 | : | THOUGHTS ON DESIGN
“No design can exist in isolation.

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| 05-03-2007 | : | CHINESE OILFIELD DEVELOPMENTS
The next step in China’s oil fields will be to start drilling deeper wells.

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| 05-03-2007 | : | REMOTE CONTROLLED SmartMonitor
Wireline units equipped with a SmartMonitor with automatic control functions have the possibility of remote winch control.

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February 2007 |
| 02-02-2007 | : | ASEP UniTruck Program
Approximately two years ago ASEP embarked on an extensive global survey into the technical requirements of wireline companies worldwide and as a direct result it has developed the UniTruck concept.

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| 02-02-2007 | : | Personnel News
Effective January 1st 2007 Frank Koelewijn joined ASEP Holding in the position of Program Manager UniTruck.

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| 02-02-2007 | : | Thoughts on Design
“For me, the best designs are the result of someone questioning everything around them -

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| 02-02-2007 | : | ASEP Introduce 24 VDC UPS System
Ultimo 2006 ASEP AP delivered seven SmartMonitor 12” touch screen systems with 24 VDC UPS systems for seven existing old wire line units, currently undergoing refurbishment.

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| 02-02-2007 | : | Safety Moment
You have carefully thought out all the angles.

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December 2006 |
| 19-12-2006 | : | ASEP RunPredictor Predicts Cable Tension
To meet the exacting requirements of customers for the development of a software package which would predict the expected cable tension during a wireline run (slickline, cased hole or open hole), ASEP Automation Products have come up with the K-SYS RunPredictor system.

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| 19-12-2006 | : | Your Opinion Matters!
Three years ago ASEP started collecting client feedback on all projects and service orders.

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| 19-12-2006 | : | Personnel News
Effective January 1st 2007 Murdo Bain and Chua Tiong Kok join ASEP.

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| 01-12-2006 | : | K-COIL CoilTruck 8x8 Coiled Tubing Unit
ASEP is rapidly expanding its range of coiled tubing products. Brand-new for 2007 is CoilTruck.

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| 01-12-2006 | : | ASEP China Region
Continuing our series of articles on ASEP regions, we are pleased to introduce you to our China Region Manager and employees.

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| 01-12-2006 | : | Largest UniTruck - Shipped to China
ASEP USA recently shipped the largest UniTruck yet produced to Daqing Logging Company in North East China.

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| 01-12-2006 | : | Training the Trainer
During his visit to ASEP in the Netherlands, where he provided wireline training to ASEP employees, Alasdair Blair, Well Services Instructor with RigTrain in Aberdeen, took the opportunity to brush up on his skills himself.

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October 2006 |
| 27-10-2006 | : | ASEP E-Learning and the Future of Training
At ASEP, we try to focus on the needs of our customers when it comes to purchasing and running a wireline unit.

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| 27-10-2006 | : | QuadHead Testing #2
Life testing of ASEP's radical QuadHead CT Injector continues apace. Running at a steady 20klb pull, the QuadHead has just completed a 25kft trip without difficulty.

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| 27-10-2006 | : | Get to Know the KEA Directors
ASEP is proud to introduce you to Chew See Eng, Director of KEA Oilfield Engineering Pte. Ltd.

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| 01-10-2006 | : | New Client Base, New Truck Design
ASEP USA is finding success with the supply of wireline trucks to a brand new customer base.

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| 01-10-2006 | : | QuadHead Testing
Load/life testing of ASEP's radical, innovative QuadHead CT Injector at our dedicated Research & Development Centre is progressing well.

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| 01-10-2006 | : | ASEP at PBIOS 2006
Again ASEP USA is exhibiting at the bi-annual Permian Basin International Oil Show (PBIOS) in Odessa, Texas between the 17th and 19th of October 2006.

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| 01-10-2006 | : | Extended Customer Service
That ASEP takes “keep the customer happy” very seriously, was proven when Bruce Brown of Baker Atlas visited ASEP on his birthday!

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| 01-10-2006 | : | Get to Know the KEA Directors
ASEP is proud to introduce you to Albert Wong Kwok Ping, Director of KEA Oilfield Engineering Pte. Ltd.

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August 2006 |
| 31-08-2006 | : | K-WINCH LandLine D
The K-WINCH LandLine D is designed as a single piece wireline winch unit comprising of an integral power pack, enclosed long length operator cabin and single or double drum winch section.

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| 31-08-2006 | : | How to Choose Your LandLine!
Choosing your LandLine model is very easy....

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| 31-08-2006 | : | ASEP Directors reach Beijing
The Amsterdam-Beijing Classic Car Endurance Rally 2006, mentioned in the May issue of the ASEP News Letter, has ended!

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| 31-08-2006 | : | ASEP in the Media
The text below has been copied from an article in “DIAB Solutions”:

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| 31-08-2006 | : | Get to Know the KEA Directors
ASEP is proud to introduce you to Soh Lai Seng, Director of KEA Oilfield Engineering Pte Ltd.

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July 2006 |
| 10-07-2006 | : | ASEP in the Media
The article below was published in m+b 2006:

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| 10-07-2006 | : | KEA, an ASEP Group Company
ASEP Holding is pleased to announce the acquisition of the major shareholding of a specialist engineering/manufacturing company in Singapore.

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| 10-07-2006 | : | TruckLine Design Improvements
Early designs have a very compact cabin, a large winch area (due to support issues) and a dual ram hydraulic system for the crane, all these features were improved on later designs.

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May 2006 |
| 01-05-2006 | : | Demand is high for new Mast Advanced Technical Training!
As part of ASEP's continuing focus on safety and quality an advanced training program on the theory and operation of masts has recently been developed.

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| 01-05-2006 | : | Looking back at ICoTA 2006
The ICoTA annual exhibition was held near Houston on the 4th and 5th of April. The show was a great success, pulling in a record numbers of exhibitors and visitors.

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March 2006 |
| 01-03-2006 | : | ASEP Strengthens After Sales Team
ASEP NL - After two years on the workfloor at ASEP NL, gaining experience on our extensive hydraulic systems and spending one and a half year abroad Jaap-Jan Jongkind has now taken the position, amongst others to serve our clients more directly.

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January 2006 |
| 31-01-2006 | : | ASEP 25 Years Anniversary!
ASEP employees, staff, management, and shareholders are very proud to be celebrating the 25th anniversary of ASEP this year!

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| 31-01-2006 | : | ASEP K-WINCH TruckLine
Following our article in last months newsletter, please find below the specifications of the K-WINCH TruckLine unit, which is a single piece combined wireline winch and crane unit comprising of an integral power pack, enclosed medium length operator cabin and double drum winch section plus integrated heavy duty crane boom section.

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| 31-01-2006 | : | ASEP’s USA Region
ASEP USA Sales Manager is Keith Henderson. Keith is originally from Aberdeen in the UK. Previously Sales Manager at the main ASEP manufacturing plant and head-quarters in Holland between 1998 and 2004.

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