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ROYAL CARIBBEAN INTERNATIONAL SIGNS AGREEMENT WITH NAVANTIA SHIP YARD FOR THE REVITALIZATION OF SPLENDOUR OF THE SEAS

Cadiz, Spain, October 28, 2011 - Global cruise line Royal Caribbean International signed an agreement today in Cadiz, Spain with Reparaciones Navantia for the extensive revitalization of their Vision-class ship Splendour of the Seas. The agreement was signed by Luis Cacho, Consejero Delegado de Navantia and Kevin Douglas, Vice President, Newbuild, Royal Caribbean International.

Splendour of the Seas arrived at the Navantia ship yard this week and the shipyard expects 550 workers, including engineers, architects, interior designers, builders and technology specialists to work on the ship - generating a total of more than one hundred thousand man hours throughout the five week dry dock.
 
While in dry dock, the ship will receive a new "duck tail," an extension to the bridge wings as well as undergo regularly scheduled maintenance work on the propellers, rudders and tail shafts. Upon completion, Splendour will feature a variety of new dining venues and guest amenities, 124 new balconies, a host of new stateroom amenities including flat panel televisions and upgraded technology throughout the ship. The revitalization is part of an extensive $300 million program to bring the latest innovations to the cruise lines ships across the fleet building on Royal Caribbean's best-in-class global vacation offerings.
 
Headquartered in Madrid, Navantia, the Spanish shipbuilder, is a world reference in the design, construction and integration of war ships, including new generation submarines. It is also engaged in the design and manufacture of Integrated Platform Management Systems, Fire Control Systems, Command and Control systems, Propulsion Plants and through life support for naval vessels. Navantia has a ship repair line of activity that goes from regular repairs to refurbishment programmes, including conversions. The company has the facilities and know how for complex repairs comprising LNG'S and Cruisers. Navantia has Fleet Maintenance Agreements with the most important ship-owners in the world.

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