Company Ocean Wilsons Holdings Ld  
Headline Statement re Subsidiary
Released 10:43 02-Jun-2010
Number 7830K12

Ocean Wilsons Holdings Limited

Our principal operating subsidiary, Wilson Sons Limited announced to the Brazilian and Luxembourg Stock Exchanges the following announcement.

WILSON SONS LIMITED (BM&FBovespa: WSON11, the "Company") announces that the closing of the joint venture is effective as of May 28th, 2010 in rectification of the previous communication dated May 31st, 2010.

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