WELCOME REMARKS BY MR S. ISWARAN,
SENIOR MINISTER OF STATE FOR TRADE AND INDUSTRY
AT THE VOLVO OCEAN RACE 2008-2009 SINGAPORE STOPOVER PRESENTED
BY UBS GALA DINNER
AT 7.25 PM, 11 JANUARY 2009
AT SILOSO BEACH OF SENTOSA, SINGAPORE

Chairman of ONEº15 Marina Club and ONE15 Singapore Ocean Race Pte Ltd
Mr Arthur Tay

Chief Executive Officer, Sentosa Development Corporation
Mr Mike Barclay

Chief Executive Officer, Volvo Ocean Race
Mr Knut Frostad

Head of Marketing, Segment & Sales Management, Wealth Management, Asia Pacific, UBS AG
Ms Patricia Enslow

Ladies and gentlemen

Good evening

1 It gives me much pleasure to be here today to welcome all of you to this Gala Dinner in celebration of the inaugural Volvo Ocean Race 2008-2009 Singapore Stopover. It was barely fourteen months ago that I witnessed the signing of the agreement to confirm Singapore as one of the stopover cities in the Volvo Ocean Race.

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