Bibby Financial Services Announces Appointment of New York Sales Team

Business Wire, May 23, 2008

DOWNERS GROVE, Ill. -- Bibby Financial Services (BFS) is pleased to announce new VP's of Sale and Marketing, Mark Dubs and Matt DiGianni for the New York region. They will be assisting in the expansion of BFS's East coast presence. Both have experience in the finance industry, and are members of the Turnaround Management Association and Commercial Finance Association. Mark is a member of the Association for Corporate Growth. Matt and Mark were previously employed by Sterling National Bank's Temp Staffing funding division.

Gail Reints, CEO, Bibby Financial Services (Midwest), states, "We are excited about the new members of our team, and confident in their ability to reach small to medium sized businesses that are in need cash flow solutions. These two new sales representatives bring a dynamic and energetic presence to our team."

Bibby Financial Services has doubled its clients and volumes in 2007 over 2006 and expects similar strong growth levels in 2008. Bibby has an ever expanding regional presence with businesses in Chicago, Dallas, Houston, Los Angeles, Nashville, Phoenix, Toronto and West Palm Beach. The group has in recent years embarked on an aggressive growth strategy driven by a unique business model of autonomous companies, designed to ensure it delivers a market-leading service to its clients.

Mark Dubs can be reached at mdubs@bibbyusa.com.

Matt DiGianni can be reached at mdigianni@bibbyusa.com.

Notes to Editors

Bibby Line Group is a business-to-business services group involved in ship owning and operation, shallow water accommodation, offshore oil field services, contract logistics, financial services, memorial parks, employment law and health and safety advisory services, and retail.

Bibby Financial Services is a world wide, marketing leading specialist of business cash flow solutions to small and medium sized enterprises. Their product portfolio includes receivable finance, factoring, export finance, purchase order finance, and specialist solutions for the staffing and trucking sectors.

Operating via a global network of 29 autonomous operating companies in the United States, Canada, the United Kingdom, France, Germany, India, Ireland, Poland, Czech Republic, Slovakia and Australia the group purchased more than $6 billion dollars of receivables and had more than 7,000 clients worldwide.

For more information on Bibby Financial Services, visit www.bibbyusa.com, www.bibbycanada.ca, www.bibbytf.com, www.bibbystaffingfinance.com, www.bibbyfinancialservices.com.

For more information on The Bibby Line Group of Companies, visit www.bibbygroup.co.uk.